iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Increase in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 74,826 shares, an increase of 76.3% from the May 14th total of 42,435 shares. Based on an average trading volume of 86,542 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of USXF. Smartleaf Asset Management LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF during the second quarter valued at approximately $26,000. Investors Research Corp grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 82.4% during the fourth quarter. Investors Research Corp now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 248 shares during the last quarter. NBT Bank N A NY grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 1,041.4% during the first quarter. NBT Bank N A NY now owns 662 shares of the company’s stock valued at $37,000 after buying an additional 604 shares during the last quarter. Triumph Capital Management bought a new position in shares of iShares ESG Advanced MSCI USA ETF during the third quarter valued at approximately $46,000. Finally, Birchbrook Inc. grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 128.7% during the fourth quarter. Birchbrook Inc. now owns 814 shares of the company’s stock valued at $47,000 after buying an additional 458 shares during the last quarter.

iShares ESG Advanced MSCI USA ETF Trading Up 2.5%

Shares of NASDAQ:USXF traded up $1.67 during trading on Monday, reaching $69.18. The company’s stock had a trading volume of 16,793 shares, compared to its average volume of 75,347. iShares ESG Advanced MSCI USA ETF has a 12 month low of $50.97 and a 12 month high of $69.83. The stock has a market capitalization of $1.46 billion, a PE ratio of 28.41 and a beta of 1.09. The firm’s 50 day simple moving average is $63.99 and its two-hundred day simple moving average is $59.97.

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.