iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Down 67.7% in October

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 213,900 shares, a drop of 67.7% from the September 30th total of 661,800 shares. Based on an average trading volume of 511,400 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

A number of large investors have recently added to or reduced their stakes in the stock. ORG Partners LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the second quarter valued at approximately $44,000. BNP Paribas Financial Markets lifted its holdings in iShares ESG Aware MSCI EM ETF by 78.8% in the 1st quarter. BNP Paribas Financial Markets now owns 2,133 shares of the company’s stock valued at $69,000 after purchasing an additional 940 shares in the last quarter. Sugarloaf Wealth Management LLC boosted its stake in iShares ESG Aware MSCI EM ETF by 44.0% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 2,319 shares of the company’s stock worth $84,000 after purchasing an additional 709 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in iShares ESG Aware MSCI EM ETF by 188.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,796 shares of the company’s stock worth $90,000 after purchasing an additional 1,828 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 794.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 5,653 shares of the company’s stock worth $190,000 after buying an additional 5,021 shares in the last quarter.

iShares ESG Aware MSCI EM ETF Price Performance

NASDAQ ESGE traded up $0.01 during trading hours on Friday, reaching $35.85. The company’s stock had a trading volume of 476,216 shares, compared to its average volume of 718,758. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 12.20 and a beta of 0.75. The company’s 50-day moving average is $35.30 and its two-hundred day moving average is $33.98. iShares ESG Aware MSCI EM ETF has a 1-year low of $29.15 and a 1-year high of $37.72.

About iShares ESG Aware MSCI EM ETF

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.