Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Declines By 70.7%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 19,100 shares, a drop of 70.7% from the June 30th total of 65,100 shares. Based on an average daily volume of 64,400 shares, the days-to-cover ratio is currently 0.3 days.

iShares ESG Advanced MSCI USA ETF Price Performance

NASDAQ USXF traded down $0.21 during trading on Thursday, reaching $45.72. 45,223 shares of the company’s stock traded hands, compared to its average volume of 74,450. iShares ESG Advanced MSCI USA ETF has a 12-month low of $33.13 and a 12-month high of $48.53. The company’s 50 day simple moving average is $46.49 and its two-hundred day simple moving average is $44.20. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 30.78 and a beta of 1.03.

iShares ESG Advanced MSCI USA ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.0901 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $0.36 dividend on an annualized basis and a yield of 0.79%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. My Legacy Advisors LLC purchased a new position in iShares ESG Advanced MSCI USA ETF in the second quarter valued at $353,000. Concourse Financial Group Securities Inc. raised its position in shares of iShares ESG Advanced MSCI USA ETF by 12.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 12,737 shares of the company’s stock valued at $593,000 after buying an additional 1,434 shares during the last quarter. Keystone Financial Services lifted its position in iShares ESG Advanced MSCI USA ETF by 5.4% during the second quarter. Keystone Financial Services now owns 16,949 shares of the company’s stock worth $789,000 after buying an additional 869 shares in the last quarter. Continuum Advisory LLC raised its stake in iShares ESG Advanced MSCI USA ETF by 22.1% during the second quarter. Continuum Advisory LLC now owns 2,822 shares of the company’s stock worth $131,000 after purchasing an additional 511 shares during the period. Finally, Accredited Investors Inc. lifted its stake in shares of iShares ESG Advanced MSCI USA ETF by 11.0% in the 2nd quarter. Accredited Investors Inc. now owns 70,960 shares of the company’s stock valued at $3,305,000 after purchasing an additional 7,018 shares during the last quarter.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities.