iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Short Interest Update

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 126,819 shares, a growth of 238.9% from the June 15th total of 37,422 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 63,256 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC raised its position in shares of iShares ESG Advanced MSCI USA ETF by 1,803.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 12,279 shares of the company’s stock valued at $707,000 after buying an additional 11,634 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of iShares ESG Advanced MSCI USA ETF in the fourth quarter worth about $698,000. Dana Investment Advisors Inc. acquired a new position in iShares ESG Advanced MSCI USA ETF during the fourth quarter worth about $498,000. Allworth Financial LP grew its stake in iShares ESG Advanced MSCI USA ETF by 3.2% during the 3rd quarter. Allworth Financial LP now owns 292,208 shares of the company’s stock valued at $16,746,000 after acquiring an additional 9,131 shares in the last quarter. Finally, Asempa Wealth Advisors purchased a new stake in iShares ESG Advanced MSCI USA ETF during the 4th quarter valued at about $665,000.

iShares ESG Advanced MSCI USA ETF Stock Performance

USXF stock opened at $68.65 on Monday. iShares ESG Advanced MSCI USA ETF has a 12-month low of $53.05 and a 12-month high of $69.89. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 28.41 and a beta of 1.08. The business’s 50-day moving average is $67.14 and its 200 day moving average is $61.48.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.1226 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 0.7%.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.