Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Declines By 37.8%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 39,300 shares, a decrease of 37.8% from the October 31st total of 63,200 shares. Based on an average daily volume of 201,600 shares, the days-to-cover ratio is currently 0.2 days.

iShares ESG Aware USD Corporate Bond ETF Stock Up 0.6 %

SUSC stock traded up $0.13 on Friday, hitting $23.37. The company’s stock had a trading volume of 140,955 shares, compared to its average volume of 252,343. The firm has a 50 day moving average of $23.30 and a two-hundred day moving average of $23.18. iShares ESG Aware USD Corporate Bond ETF has a 1 year low of $22.18 and a 1 year high of $23.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.0829 dividend. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.00 annualized dividend and a yield of 4.26%.

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

Several institutional investors have recently bought and sold shares of the company. Transcend Capital Advisors LLC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 4.3% in the 2nd quarter. Transcend Capital Advisors LLC now owns 13,634 shares of the company’s stock valued at $310,000 after buying an additional 556 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 0.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 111,231 shares of the company’s stock valued at $2,646,000 after buying an additional 652 shares during the period. Strategic Blueprint LLC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 6.1% in the 2nd quarter. Strategic Blueprint LLC now owns 15,803 shares of the company’s stock valued at $359,000 after buying an additional 914 shares during the period. GPS Wealth Strategies Group LLC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 57.8% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,229 shares of the company’s stock valued at $73,000 after buying an additional 1,183 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in iShares ESG Aware USD Corporate Bond ETF by 12.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,325 shares of the company’s stock valued at $293,000 after buying an additional 1,341 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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.