iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Up 274.0% in December

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 671,742 shares, an increase of 274.0% from the November 30th total of 179,603 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 310,894 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 310,894 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.8% of the shares of the company are short sold.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Up 0.3%

Shares of iShares ESG Aware U.S. Aggregate Bond ETF stock traded up $0.14 during trading on Thursday, hitting $47.93. 175,563 shares of the stock were exchanged, compared to its average volume of 335,281. The company has a fifty day moving average price of $48.09 and a 200-day moving average price of $47.72. iShares ESG Aware U.S. Aggregate Bond ETF has a 1-year low of $45.89 and a 1-year high of $48.54.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC increased its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 64.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 63,893 shares of the company’s stock worth $3,037,000 after acquiring an additional 24,998 shares during the period. Parallel Advisors LLC grew its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 19.4% during the 2nd quarter. Parallel Advisors LLC now owns 17,293 shares of the company’s stock worth $822,000 after purchasing an additional 2,804 shares in the last quarter. Rossby Financial LCC increased its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 111.5% in the second quarter. Rossby Financial LCC now owns 28,745 shares of the company’s stock worth $1,367,000 after purchasing an additional 15,156 shares during the period. Spinnaker Trust raised its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 4.1% in the second quarter. Spinnaker Trust now owns 16,402 shares of the company’s stock valued at $780,000 after purchasing an additional 644 shares in the last quarter. Finally, Duncan Williams Asset Management LLC acquired a new position in iShares ESG Aware U.S. Aggregate Bond ETF in the second quarter valued at about $228,000.

iShares ESG Aware U.S. Aggregate Bond ETF Company Profile

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.