iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Update

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 47,481 shares, a decline of 96.4% from the April 30th total of 1,304,034 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,320,075 shares, the days-to-cover ratio is presently 0.0 days.

iShares ESG Aware MSCI EM ETF Stock Performance

Shares of ESGE traded up $0.05 during trading hours on Wednesday, hitting $54.61. The company had a trading volume of 916,646 shares, compared to its average volume of 1,238,927. The firm has a fifty day moving average price of $49.58 and a 200-day moving average price of $47.33. The stock has a market capitalization of $7.12 billion, a price-to-earnings ratio of 14.52 and a beta of 0.73. iShares ESG Aware MSCI EM ETF has a 52-week low of $36.47 and a 52-week high of $55.06.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Large investors have recently modified their holdings of the stock. NBT Bank N A NY raised its position in shares of iShares ESG Aware MSCI EM ETF by 1,654.5% in the 1st quarter. NBT Bank N A NY now owns 772 shares of the company’s stock worth $35,000 after purchasing an additional 728 shares during the last quarter. Hollencrest Capital Management purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter worth about $39,000. Princeton Global Asset Management LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter worth about $42,000. Nalls Sherbakoff Group LLC purchased a new position in iShares ESG Aware MSCI EM ETF in the 4th quarter worth about $46,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in iShares ESG Aware MSCI EM ETF by 21.7% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after buying an additional 230 shares during the last quarter.

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.