iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Stock Short Interest Declines 56.5%

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 3,111 shares, a decrease of 56.5% from the August 31st total of 7,149 shares. Based on an average daily volume of 8,177 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

NASDAQ USCL traded down $0.40 during mid-day trading on Monday, reaching $86.82. 22 shares of the stock were exchanged, compared to its average volume of 9,416. The stock has a market cap of $2.88 billion, a P/E ratio of 25.52 and a beta of 1.00. iShares Climate Conscious & Transition MSCI USA ETF has a one year low of $72.13 and a one year high of $87.55. The stock has a 50 day simple moving average of $85.82 and a 200-day simple moving average of $82.51.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.2006 dividend. This is a drop from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.2073. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.80 annualized dividend and a dividend yield of 0.9%.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI. USCL was launched on Jun 6, 2023 and is managed by BlackRock.