iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Down 36.0% in July

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,020,376 shares, a decrease of 36.0% from the June 30th total of 1,593,286 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 639,255 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ferguson Wellman Capital Management Inc. bought a new position in iShares ESG Aware MSCI EM ETF in the 1st quarter worth about $12,881,000. DRW Securities LLC bought a new position in iShares ESG Aware MSCI EM ETF in the fourth quarter worth approximately $8,495,000. Quent Long Short Global Small Cap Fund LP purchased a new position in iShares ESG Aware MSCI EM ETF during the 4th quarter worth $5,072,000. BNP Paribas Financial Markets increased its holdings in iShares ESG Aware MSCI EM ETF by 29,494.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock worth $2,805,000 after purchasing an additional 71,376 shares during the period. Finally, Bank of New York Mellon Corp raised its position in iShares ESG Aware MSCI EM ETF by 60.4% during the 1st quarter. Bank of New York Mellon Corp now owns 144,636 shares of the company’s stock valued at $6,577,000 after purchasing an additional 54,488 shares in the last quarter.

iShares ESG Aware MSCI EM ETF Stock Performance

ESGE stock traded up $1.92 during midday trading on Thursday, reaching $50.97. The company’s stock had a trading volume of 788,375 shares, compared to its average volume of 1,179,696. iShares ESG Aware MSCI EM ETF has a 1 year low of $39.00 and a 1 year high of $57.11. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 14.52 and a beta of 0.75. The stock has a fifty day simple moving average of $53.42 and a two-hundred day simple moving average of $50.24.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.4023 dividend. The ex-dividend date was Monday, June 15th.

iShares ESG Aware MSCI EM ETF Company Profile

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.