iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Growth in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 63,200 shares, an increase of 42.0% from the October 15th total of 44,500 shares. Based on an average daily volume of 188,100 shares, the short-interest ratio is currently 0.3 days.

iShares ESG Aware USD Corporate Bond ETF Stock Up 0.1 %

Shares of SUSC stock traded up $0.03 during trading hours on Friday, reaching $22.97. 264,279 shares of the stock traded hands, compared to its average volume of 255,398. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.01 and a 1-year high of $23.97. The business has a fifty day moving average price of $23.44 and a 200 day moving average price of $23.13.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.0829 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.00 dividend on an annualized basis and a yield of 4.33%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 13.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock valued at $1,468,000 after acquiring an additional 7,412 shares in the last quarter. Captrust Financial Advisors bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the third quarter valued at approximately $297,000. First Horizon Advisors Inc. lifted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 12.2% in the third quarter. First Horizon Advisors Inc. now owns 12,325 shares of the company’s stock worth $293,000 after buying an additional 1,341 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 0.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 111,231 shares of the company’s stock worth $2,646,000 after buying an additional 652 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new position in iShares ESG Aware USD Corporate Bond ETF in the 2nd quarter valued at $754,000.

About iShares ESG Aware USD Corporate Bond ETF

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index.