iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Shares Shorted: Short Interest Down 52.8% in September

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 68,699 shares, a drop of 52.8% from the August 31st total of 145,611 shares. Based on an average daily volume of 56,473 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the company are sold short.

iShares ESG Advanced MSCI USA ETF Price Performance

Shares of NASDAQ USXF traded up $0.12 during trading hours on Wednesday, hitting $68.36. 18,011 shares of the stock were exchanged, compared to its average volume of 70,593. iShares ESG Advanced MSCI USA ETF has a one year low of $53.05 and a one year high of $70.69. The company’s 50 day moving average is $67.90 and its 200 day moving average is $65.22. The firm has a market capitalization of $1.47 billion, a P/E ratio of 28.41 and a beta of 1.09.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.1490 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.1226. The ex-dividend date was Tuesday, September 15th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors have recently made changes to their positions in USXF. Capital Analysts LLC increased its position in iShares ESG Advanced MSCI USA ETF by 3.0% in the 2nd quarter. Capital Analysts LLC now owns 19,855 shares of the company’s stock worth $1,379,000 after buying an additional 586 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 1.3% in the second quarter. Integrated Wealth Concepts LLC now owns 63,624 shares of the company’s stock worth $4,419,000 after acquiring an additional 786 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares ESG Advanced MSCI USA ETF by 8.3% during the second quarter. NewEdge Advisors LLC now owns 60,517 shares of the company’s stock worth $4,203,000 after acquiring an additional 4,649 shares during the period. Baird Financial Group Inc. acquired a new position in iShares ESG Advanced MSCI USA ETF during the 2nd quarter valued at $1,648,000. Finally, Highland Financial Advisors LLC raised its stake in iShares ESG Advanced MSCI USA ETF by 60.7% during the 2nd quarter. Highland Financial Advisors LLC now owns 77,452 shares of the company’s stock valued at $5,379,000 after purchasing an additional 29,248 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.