Short Interest in iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Grows By 274.0%
by Jessica Moore · The Cerbat GemiShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG – Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 671,742 shares, an increase of 274.0% from the November 30th total of 179,603 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 310,894 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 310,894 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.8% of the company’s stock are sold short.
Hedge Funds Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF
Hedge funds have recently modified their holdings of the stock. Valeo Financial Advisors LLC boosted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 0.9% during the third quarter. Valeo Financial Advisors LLC now owns 24,163 shares of the company’s stock valued at $1,161,000 after purchasing an additional 227 shares during the last quarter. Motco increased its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 12.7% during the 3rd quarter. Motco now owns 2,124 shares of the company’s stock worth $102,000 after purchasing an additional 239 shares during the last quarter. ETF Portfolio Partners Inc. raised its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 6.3% during the 3rd quarter. ETF Portfolio Partners Inc. now owns 7,153 shares of the company’s stock worth $344,000 after purchasing an additional 423 shares in the last quarter. Farmers National Bank boosted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 8.6% in the 3rd quarter. Farmers National Bank now owns 6,041 shares of the company’s stock valued at $290,000 after buying an additional 477 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 58.4% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,522 shares of the company’s stock valued at $72,000 after acquiring an additional 561 shares during the last quarter.
iShares ESG Aware U.S. Aggregate Bond ETF Stock Performance
iShares ESG Aware U.S. Aggregate Bond ETF stock remained flat at $47.93 during mid-day trading on Friday. 270,308 shares of the company were exchanged, compared to its average volume of 335,018. iShares ESG Aware U.S. Aggregate Bond ETF has a 1-year low of $45.89 and a 1-year high of $48.54. The firm’s 50 day simple moving average is $48.08 and its 200 day simple moving average is $47.73.
iShares ESG Aware U.S. Aggregate Bond ETF Company Profile
The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.