Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Decreases By 49.2%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 50,644 shares, a drop of 49.2% from the July 15th total of 99,617 shares. Based on an average trading volume of 68,914 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

iShares ESG Advanced MSCI USA ETF Price Performance

NASDAQ:USXF opened at $70.17 on Monday. The stock’s 50-day moving average is $67.73 and its two-hundred day moving average is $63.08. The stock has a market cap of $1.50 billion, a PE ratio of 28.41 and a beta of 1.09. iShares ESG Advanced MSCI USA ETF has a fifty-two week low of $53.05 and a fifty-two week high of $70.69.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.1226 dividend. This represents a $0.49 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. First Bancorp Inc ME acquired a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter worth about $27,000. Smartleaf Asset Management LLC acquired a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter valued at $26,000. NBT Bank N A NY grew its stake in iShares ESG Advanced MSCI USA ETF by 1,041.4% in the 1st quarter. NBT Bank N A NY now owns 662 shares of the company’s stock valued at $37,000 after buying an additional 604 shares during the last quarter. Triumph Capital Management acquired a new position in iShares ESG Advanced MSCI USA ETF during the 3rd quarter worth $46,000. Finally, Birchbrook Inc. lifted its position in iShares ESG Advanced MSCI USA ETF by 128.7% during the 4th quarter. Birchbrook Inc. now owns 814 shares of the company’s stock worth $47,000 after acquiring an additional 458 shares during the last quarter.

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.