iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Stock Short Interest Rises 505.1%

by · The Markets Daily

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 82,781 shares, a growth of 505.1% from the September 15th total of 13,680 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 85,950 shares, the days-to-cover ratio is currently 1.0 days.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

NYSEARCA:EUSB remained flat at $41.62 on Friday. 33,046 shares of the company’s stock traded hands, compared to its average volume of 57,697. The stock has a fifty day moving average price of $42.39 and a two-hundred day moving average price of $43.00. iShares ESG Advanced Total USD Bond Market ETF has a 12 month low of $41.30 and a 12 month high of $44.47.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

An institutional investor recently raised its position in iShares ESG Advanced Total USD Bond Market ETF stock. Balance Wealth LLC lifted its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB – Free Report) by 7.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,266 shares of the company’s stock after acquiring an additional 344 shares during the period. Balance Wealth LLC’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $229,000 at the end of the most recent reporting period.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

(Get Free Report)

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.

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