Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Expands By 393.7%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 872,800 shares, an increase of 393.7% from the August 31st total of 176,800 shares. Based on an average daily volume of 552,500 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ESGE. TIAA Trust National Association boosted its holdings in shares of iShares ESG Aware MSCI EM ETF by 13.1% in the 2nd quarter. TIAA Trust National Association now owns 5,754,518 shares of the company’s stock valued at $192,557,000 after purchasing an additional 666,543 shares during the last quarter. Private Ocean LLC boosted its holdings in iShares ESG Aware MSCI EM ETF by 204.5% in the second quarter. Private Ocean LLC now owns 475,784 shares of the company’s stock valued at $15,953,000 after acquiring an additional 319,528 shares during the last quarter. Cambridge Trust Co. grew its position in iShares ESG Aware MSCI EM ETF by 2,202.0% during the first quarter. Cambridge Trust Co. now owns 168,757 shares of the company’s stock valued at $5,439,000 after acquiring an additional 161,426 shares during the period. Avior Wealth Management LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the 1st quarter worth about $4,633,000. Finally, Partners Capital Investment Group LLP grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 9.4% during the 4th quarter. Partners Capital Investment Group LLP now owns 323,928 shares of the company’s stock worth $10,385,000 after purchasing an additional 27,773 shares during the period.

iShares ESG Aware MSCI EM ETF Stock Performance

NASDAQ ESGE traded down $0.10 during mid-day trading on Friday, reaching $37.01. 1,275,768 shares of the stock were exchanged, compared to its average volume of 741,470. iShares ESG Aware MSCI EM ETF has a 1-year low of $29.12 and a 1-year high of $37.27. The stock has a market capitalization of $4.71 billion, a PE ratio of 12.20 and a beta of 0.75. The business’s fifty day simple moving average is $33.98 and its 200 day simple moving average is $33.38.

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.