iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Growth in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 65,600 shares, a growth of 48.8% from the May 15th total of 44,100 shares. Based on an average daily trading volume, of 151,300 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

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

Shares of NASDAQ:SUSB traded down $0.01 during midday trading on Monday, hitting $24.97. The company’s stock had a trading volume of 26,947 shares, compared to its average volume of 161,375. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 12-month low of $24.37 and a 12-month high of $25.20. The business’s 50 day simple moving average is $24.91 and its 200 day simple moving average is $24.84.

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

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.0917 per share. This represents a $1.10 annualized dividend and a dividend yield of 4.41%. The ex-dividend date was Monday, June 2nd. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Investors Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 588,734 shares of the company’s stock worth $14,712,000 after purchasing an additional 19,251 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 5.8% during the fourth quarter. Ameriprise Financial Inc. now owns 579,540 shares of the company’s stock worth $14,314,000 after buying an additional 31,727 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 24.7% in the fourth quarter. JPMorgan Chase & Co. now owns 489,084 shares of the company’s stock valued at $12,080,000 after buying an additional 96,747 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 0.6% in the 1st quarter. Wealthspire Advisors LLC now owns 470,232 shares of the company’s stock valued at $11,751,000 after buying an additional 2,576 shares during the period. Finally, Baird Financial Group Inc. raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 1.0% in the 4th quarter. Baird Financial Group Inc. now owns 429,568 shares of the company’s stock valued at $10,610,000 after buying an additional 4,118 shares during the period.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

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.