iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Shares Shorted: Short Interest Up 290.5% in September

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 25,994 shares, a growth of 290.5% from the September 15th total of 6,656 shares. Based on an average daily volume of 26,310 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are sold short.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

Shares of iShares Paris-Aligned Climate MSCI USA ETF stock traded up $0.77 during trading on Friday, hitting $80.50. 14 shares of the stock traded hands, compared to its average volume of 44,279. The stock has a market cap of $2.52 billion, a P/E ratio of 32.18 and a beta of 1.07. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $63.89 and a twelve month high of $80.79. The company has a fifty day moving average price of $78.59 and a two-hundred day moving average price of $75.76.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.1923 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.1606. This represents a $0.77 annualized dividend and a yield of 1.0%.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.