iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 213.8% in March

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 448,800 shares, an increase of 213.8% from the March 15th total of 143,000 shares. Based on an average daily trading volume, of 753,600 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Hedge funds have recently added to or reduced their stakes in the stock. TIAA Trust National Association grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.6% in the fourth quarter. TIAA Trust National Association now owns 6,177,766 shares of the company’s stock worth $206,956,000 after acquiring an additional 36,306 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 6.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,079,355 shares of the company’s stock valued at $69,430,000 after purchasing an additional 118,301 shares during the period. Acorns Advisers LLC increased its position in shares of iShares ESG Aware MSCI EM ETF by 5.5% during the 4th quarter. Acorns Advisers LLC now owns 1,196,670 shares of the company’s stock valued at $39,957,000 after purchasing an additional 62,366 shares during the last quarter. Quent Capital LLC boosted its holdings in shares of iShares ESG Aware MSCI EM ETF by 15.3% in the first quarter. Quent Capital LLC now owns 114,857 shares of the company’s stock worth $4,014,000 after buying an additional 15,284 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in iShares ESG Aware MSCI EM ETF by 3.8% during the fourth quarter. Baird Financial Group Inc. now owns 102,526 shares of the company’s stock valued at $3,423,000 after buying an additional 3,759 shares during the period.

iShares ESG Aware MSCI EM ETF Stock Up 0.3 %

ESGE traded up $0.10 during midday trading on Tuesday, hitting $33.84. 216,288 shares of the company traded hands, compared to its average volume of 668,011. The company’s 50-day moving average is $34.85 and its 200 day moving average is $34.86. iShares ESG Aware MSCI EM ETF has a 52 week low of $30.57 and a 52 week high of $37.72. The firm has a market capitalization of $4.34 billion, a PE ratio of 13.56 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Company Profile

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.