iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Significant Drop in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 6,380 shares, a decrease of 41.2% from the April 15th total of 10,843 shares. Based on an average daily trading volume, of 41,734 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

PABU remained flat at $76.22 during trading on Tuesday. 460 shares of the company’s stock traded hands, compared to its average volume of 71,649. The firm’s fifty day moving average price is $70.59 and its 200 day moving average price is $71.41. iShares Paris-Aligned Climate MSCI USA ETF has a 1 year low of $62.67 and a 1 year high of $77.15. The company has a market cap of $2.41 billion, a PE ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.1402 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.56 annualized dividend and a yield of 0.7%.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. bought a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,361 shares of the company’s stock, valued at approximately $242,000.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.