iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Shares Shorted: Short Interest Up 329.1% in October

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 134,304 shares, an increase of 329.1% from the October 15th total of 31,296 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 195,968 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. RMG Wealth Management LLC purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 1st quarter worth approximately $95,000. Gould Capital LLC boosted its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 52.6% during the first quarter. Gould Capital LLC now owns 4,666 shares of the company’s stock valued at $117,000 after purchasing an additional 1,609 shares in the last quarter. Whitegate Investment Counselors Inc. boosted its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.4% during the third quarter. Whitegate Investment Counselors Inc. now owns 9,923 shares of the company’s stock valued at $242,000 after purchasing an additional 1,019 shares in the last quarter. Park National Corp OH purchased a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter valued at approximately $246,000. Finally, Creative Capital Management Investments LLC increased its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 29.2% during the third quarter. Creative Capital Management Investments LLC now owns 10,875 shares of the company’s stock valued at $266,000 after buying an additional 2,455 shares during the period.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

Shares of SUSB stock traded up $0.01 on Friday, hitting $24.43. The stock had a trading volume of 27,168 shares, compared to its average volume of 241,158. The business has a 50 day moving average price of $24.51 and a 200 day moving average price of $24.89. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a one year low of $24.30 and a one year high of $25.39.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.0972 per share. This represents a $1.17 annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0960.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.