iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Sees Large Decline in Short Interest

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 36,950 shares, a decrease of 40.7% from the April 30th total of 62,331 shares. Based on an average daily volume of 24,345 shares, the days-to-cover ratio is currently 1.5 days. Approximately 4.9% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new stake in shares of iShares ESG Aware MSCI USA Value ETF in the first quarter worth approximately $390,000. Tower Research Capital LLC TRC grew its stake in shares of iShares ESG Aware MSCI USA Value ETF by 51.8% in the second quarter. Tower Research Capital LLC TRC now owns 19,815 shares of the company’s stock worth $596,000 after acquiring an additional 6,760 shares during the period. Merit Financial Group LLC purchased a new stake in iShares ESG Aware MSCI USA Value ETF during the third quarter valued at $444,000. Truist Financial Corp purchased a new stake in iShares ESG Aware MSCI USA Value ETF during the third quarter valued at $206,000. Finally, AE Wealth Management LLC bought a new stake in shares of iShares ESG Aware MSCI USA Value ETF during the 3rd quarter valued at about $73,000.

iShares ESG Aware MSCI USA Value ETF Stock Down 0.5%

Shares of EVUS opened at $35.17 on Thursday. The company has a market capitalization of $26.73 million, a P/E ratio of 19.19 and a beta of 0.86. iShares ESG Aware MSCI USA Value ETF has a twelve month low of $29.11 and a twelve month high of $35.35. The firm has a 50 day moving average of $33.72 and a 200 day moving average of $33.02.

About iShares ESG Aware MSCI USA Value ETF

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.