iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Update

by · The Cerbat Gem

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSCGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 159,566 shares, an increase of 1,026.7% from the June 15th total of 14,162 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 205,103 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SUSC. NBT Bank N A NY raised its position in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% during the first quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after purchasing an additional 1,119 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth about $75,000. PNC Financial Services Group Inc. boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock worth $101,000 after purchasing an additional 533 shares in the last quarter. Cary Street Partners Financial LLC bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter valued at about $114,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter valued at about $127,000.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

Shares of NASDAQ SUSC traded down $0.04 during midday trading on Friday, hitting $22.88. 94,957 shares of the company’s stock were exchanged, compared to its average volume of 309,740. The business’s fifty day moving average price is $23.07 and its two-hundred day moving average price is $23.25. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $22.77 and a 12-month high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.088 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09.

iShares ESG Aware USD Corporate Bond ETF Company Profile

(Get Free Report)

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.

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