iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Short Interest Down 98.6% in March

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 39,659 shares, a drop of 98.6% from the March 15th total of 2,911,410 shares. Based on an average trading volume of 64,151 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC grew its position in iShares ESG Advanced MSCI EAFE ETF by 2.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 5,712 shares of the company’s stock worth $429,000 after acquiring an additional 130 shares in the last quarter. Opes Wealth Management LLC grew its position in iShares ESG Advanced MSCI EAFE ETF by 0.8% in the fourth quarter. Opes Wealth Management LLC now owns 19,970 shares of the company’s stock worth $1,501,000 after acquiring an additional 150 shares in the last quarter. Evolution Wealth Management Inc. grew its position in iShares ESG Advanced MSCI EAFE ETF by 65.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after acquiring an additional 165 shares in the last quarter. Valmark Advisers Inc. grew its position in iShares ESG Advanced MSCI EAFE ETF by 6.3% in the third quarter. Valmark Advisers Inc. now owns 2,991 shares of the company’s stock worth $227,000 after acquiring an additional 177 shares in the last quarter. Finally, Flagship Harbor Advisors LLC grew its position in iShares ESG Advanced MSCI EAFE ETF by 5.0% in the third quarter. Flagship Harbor Advisors LLC now owns 3,755 shares of the company’s stock worth $284,000 after acquiring an additional 179 shares in the last quarter.

iShares ESG Advanced MSCI EAFE ETF Stock Up 0.3%

DMXF traded up $0.21 on Friday, hitting $79.36. The company had a trading volume of 20,205 shares, compared to its average volume of 65,341. The company has a market cap of $849.15 million, a PE ratio of 19.02 and a beta of 0.86. iShares ESG Advanced MSCI EAFE ETF has a 12-month low of $63.39 and a 12-month high of $82.53. The business’s fifty day simple moving average is $78.17 and its 200 day simple moving average is $77.14.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.