iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Sees Significant Decline in Short Interest

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 175 shares, a decrease of 82.7% from the December 31st total of 1,011 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,947 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,947 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

iShares MSCI Global Sustainable Development Goals ETF Trading Up 0.0%

NASDAQ SDG traded up $0.04 on Thursday, hitting $86.00. 4,475 shares of the company traded hands, compared to its average volume of 5,220. The business’s 50 day moving average price is $84.72 and its 200-day moving average price is $83.02. iShares MSCI Global Sustainable Development Goals ETF has a 52-week low of $64.96 and a 52-week high of $87.12. The company has a market capitalization of $167.70 million, a price-to-earnings ratio of 18.86 and a beta of 0.70.

iShares MSCI Global Sustainable Development Goals ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.852 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 203.0%.

Institutional Trading of iShares MSCI Global Sustainable Development Goals ETF

Several institutional investors and hedge funds have recently modified their holdings of SDG. Ameriflex Group Inc. grew its position in shares of iShares MSCI Global Sustainable Development Goals ETF by 98.9% during the third quarter. Ameriflex Group Inc. now owns 364 shares of the company’s stock worth $30,000 after purchasing an additional 181 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of iShares MSCI Global Sustainable Development Goals ETF in the second quarter valued at $206,000. Finally, First Horizon Corp bought a new stake in iShares MSCI Global Sustainable Development Goals ETF in the third quarter worth about $269,000.

iShares MSCI Global Sustainable Development Goals ETF Company Profile

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.