iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 1,407.9% in June

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 823,300 shares, an increase of 1,407.9% from the May 31st total of 54,600 shares. Based on an average daily volume of 710,500 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ESGE. Heritage Wealth Advisors raised its holdings in iShares ESG Aware MSCI EM ETF by 13.3% during the fourth quarter. Heritage Wealth Advisors now owns 38,047 shares of the company’s stock worth $1,220,000 after buying an additional 4,457 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in iShares ESG Aware MSCI EM ETF by 7.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 247,270 shares of the company’s stock worth $7,927,000 after purchasing an additional 17,425 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares ESG Aware MSCI EM ETF by 2.5% in the third quarter. Ameriprise Financial Inc. now owns 2,489,313 shares of the company’s stock valued at $75,362,000 after acquiring an additional 59,682 shares during the period. Natixis Advisors L.P. boosted its position in shares of iShares ESG Aware MSCI EM ETF by 5.3% in the fourth quarter. Natixis Advisors L.P. now owns 19,785 shares of the company’s stock valued at $634,000 after acquiring an additional 996 shares during the period. Finally, Bear Mountain Capital Inc. purchased a new stake in iShares ESG Aware MSCI EM ETF in the fourth quarter valued at approximately $1,486,000.

iShares ESG Aware MSCI EM ETF Stock Up 0.1 %

Shares of NASDAQ ESGE opened at $33.45 on Friday. The firm has a market cap of $4.22 billion, a PE ratio of 12.20 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a 12-month low of $29.12 and a 12-month high of $34.43. The company’s fifty day simple moving average is $33.19 and its 200 day simple moving average is $32.17.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a dividend of $0.2495 per share. The ex-dividend date was Tuesday, June 11th.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.