iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Down 23.5% in April

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 1,561,530 shares, a drop of 23.5% from the March 31st total of 2,040,208 shares. Based on an average daily trading volume, of 858,082 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.2% of the shares of the company are sold short.

iShares ESG Aware MSCI EM ETF Stock Performance

Shares of iShares ESG Aware MSCI EM ETF stock traded up $1.01 during trading hours on Thursday, reaching $51.14. The company’s stock had a trading volume of 676,025 shares, compared to its average volume of 1,241,488. The company’s 50 day simple moving average is $47.81 and its 200 day simple moving average is $46.22. iShares ESG Aware MSCI EM ETF has a one year low of $35.13 and a one year high of $51.47. The stock has a market cap of $6.67 billion, a P/E ratio of 14.52 and a beta of 0.68.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Quent Long Short Global Small Cap Fund LP bought a new position in shares of iShares ESG Aware MSCI EM ETF in the 4th quarter worth about $5,072,000. JPMorgan Chase & Co. increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock worth $102,658,000 after acquiring an additional 493,011 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of iShares ESG Aware MSCI EM ETF by 123.1% in the 4th quarter. Farther Finance Advisors LLC now owns 35,725 shares of the company’s stock worth $1,578,000 after acquiring an additional 19,712 shares during the period. Torren Management LLC acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the 4th quarter worth about $1,293,000. Finally, Cape ANN Savings Bank acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the 4th quarter worth about $237,000.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.