Short Interest in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Declines By 72.9%

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 11,241 shares, a drop of 72.9% from the July 30th total of 41,518 shares. Based on an average daily volume of 42,431 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

NYSEARCA:EUSB traded down $0.01 on Thursday, reaching $42.97. The company’s stock had a trading volume of 31,719 shares, compared to its average volume of 54,943. iShares ESG Advanced Total USD Bond Market ETF has a 12-month low of $42.69 and a 12-month high of $44.47. The stock has a 50 day moving average price of $43.05 and a 200 day moving average price of $43.42.

Institutional Trading of iShares ESG Advanced Total USD Bond Market ETF

Several institutional investors and hedge funds have recently bought and sold shares of EUSB. Triumph Capital Management purchased a new position in iShares ESG Advanced Total USD Bond Market ETF during the third quarter worth about $27,000. Balance Wealth LLC raised its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 7.0% in the 1st quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock valued at $229,000 after acquiring an additional 344 shares during the period. Whitegate Investment Counselors Inc. raised its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% in the 1st quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock valued at $262,000 after acquiring an additional 839 shares during the period. FSB Premier Wealth Management Inc. purchased a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF in the 2nd quarter valued at approximately $272,000. Finally, Rossby Financial LCC lifted its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 5.7% in the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock worth $294,000 after acquiring an additional 362 shares during the last quarter.

About iShares ESG Advanced Total USD Bond Market ETF

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.