iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 50,862 shares, a decline of 84.5% from the April 30th total of 327,611 shares. Based on an average trading volume of 93,424 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are short sold.

iShares ESG Advanced MSCI EAFE ETF Price Performance

DMXF traded up $0.11 on Friday, reaching $83.49. 57,843 shares of the stock were exchanged, compared to its average volume of 86,363. The company’s 50-day moving average price is $79.55 and its 200 day moving average price is $78.30. iShares ESG Advanced MSCI EAFE ETF has a fifty-two week low of $71.12 and a fifty-two week high of $84.11. The firm has a market capitalization of $1.03 billion, a PE ratio of 19.02 and a beta of 0.85.

Institutional Trading of iShares ESG Advanced MSCI EAFE ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DMXF. PNC Financial Services Group Inc. acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth about $26,000. Evolution Wealth Management Inc. lifted its position in iShares ESG Advanced MSCI EAFE ETF by 65.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after acquiring an additional 165 shares during the period. CIBC Private Wealth Group LLC acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 4th quarter worth about $34,000. SHP Wealth Management acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 4th quarter worth about $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 3rd quarter worth about $50,000.

iShares ESG Advanced MSCI EAFE ETF Company Profile

(Get Free Report)

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.

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