Short Interest in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Expands By 723.1%
by Renee Jackson · The Cerbat GemiShares MSCI USA ESG Select ETF (NYSEARCA:SUSA – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 19,268 shares, an increase of 723.1% from the May 31st total of 2,341 shares. Based on an average daily volume of 31,893 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Trading of iShares MSCI USA ESG Select ETF
Hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC purchased a new stake in shares of iShares MSCI USA ESG Select ETF in the first quarter valued at approximately $222,000. Parallel Advisors LLC increased its holdings in iShares MSCI USA ESG Select ETF by 17.9% during the 1st quarter. Parallel Advisors LLC now owns 500 shares of the company’s stock worth $66,000 after purchasing an additional 76 shares during the period. JDM Financial Group LLC purchased a new position in iShares MSCI USA ESG Select ETF during the 1st quarter worth $92,000. January Capital Advisors LLC bought a new stake in iShares MSCI USA ESG Select ETF during the 1st quarter valued at $259,000. Finally, Royal Bank of Canada raised its position in iShares MSCI USA ESG Select ETF by 8.6% during the 1st quarter. Royal Bank of Canada now owns 687,964 shares of the company’s stock valued at $90,880,000 after purchasing an additional 54,542 shares in the last quarter.
iShares MSCI USA ESG Select ETF Price Performance
SUSA stock traded down $0.41 during trading on Friday, reaching $151.13. 227,086 shares of the company were exchanged, compared to its average volume of 54,425. iShares MSCI USA ESG Select ETF has a twelve month low of $125.33 and a twelve month high of $155.82. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of -270.99 and a beta of 1.06. The company has a 50-day moving average of $149.86 and a two-hundred day moving average of $142.60.
iShares MSCI USA ESG Select ETF Company Profile
The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.