iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Stock Short Interest Climbs 208.6%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,300,566 shares, an increase of 208.6% from the August 31st total of 421,448 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 721,785 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. First Bancorp Inc ME acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the second quarter valued at approximately $25,000. NBT Bank N A NY raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 1,654.5% during the first quarter. NBT Bank N A NY now owns 772 shares of the company’s stock worth $35,000 after acquiring an additional 728 shares during the period. Hollencrest Capital Management bought a new stake in iShares ESG Aware MSCI EM ETF in the 1st quarter valued at $39,000. Princeton Global Asset Management LLC bought a new stake in iShares ESG Aware MSCI EM ETF in the 1st quarter valued at $42,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in iShares ESG Aware MSCI EM ETF in the 4th quarter worth $46,000.

iShares ESG Aware MSCI EM ETF Trading Up 1.1%

Shares of NASDAQ:ESGE traded up $0.60 during trading on Friday, hitting $55.13. 1,194,567 shares of the company’s stock traded hands, compared to its average volume of 1,062,198. The company has a 50-day moving average price of $53.37 and a 200-day moving average price of $51.90. iShares ESG Aware MSCI EM ETF has a 52 week low of $42.08 and a 52 week high of $57.11. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 14.52 and a beta of 0.76.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.