Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Drops By 49.3%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 588,700 shares, a decline of 49.3% from the February 13th total of 1,160,000 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 734,200 shares, the days-to-cover ratio is presently 0.8 days.

iShares ESG Aware MSCI EM ETF Stock Up 1.7 %

NASDAQ ESGE traded up $0.61 during trading on Friday, hitting $35.60. The stock had a trading volume of 719,915 shares, compared to its average volume of 655,134. The company has a market capitalization of $4.54 billion, a PE ratio of 14.49 and a beta of 0.75. The firm has a 50 day moving average price of $34.63 and a 200 day moving average price of $34.89. iShares ESG Aware MSCI EM ETF has a twelve month low of $31.01 and a twelve month high of $37.72.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a $0.0222 dividend. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Institutional investors have recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in iShares ESG Aware MSCI EM ETF in the 4th quarter valued at about $36,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 51.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock valued at $38,000 after buying an additional 390 shares during the period. Coppell Advisory Solutions LLC boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 42.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock valued at $47,000 after buying an additional 414 shares during the period. Trust Co. of Vermont boosted its stake in shares of iShares ESG Aware MSCI EM ETF by 61.8% in the 4th quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock valued at $52,000 after buying an additional 596 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter valued at about $66,000.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.