iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Short Interest Up 216.3% in March

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 4,726 shares, a growth of 216.3% from the March 15th total of 1,494 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,327 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of iShares MSCI Global Sustainable Development Goals ETF

An institutional investor recently bought a new position in iShares MSCI Global Sustainable Development Goals ETF stock. First Horizon Corp acquired a new stake in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,236 shares of the company’s stock, valued at approximately $269,000. First Horizon Corp owned approximately 0.16% of iShares MSCI Global Sustainable Development Goals ETF at the end of the most recent reporting period.

iShares MSCI Global Sustainable Development Goals ETF Stock Up 0.8%

Shares of iShares MSCI Global Sustainable Development Goals ETF stock traded up $0.66 on Friday, reaching $87.33. The company’s stock had a trading volume of 5,030 shares, compared to its average volume of 4,968. The company has a market capitalization of $170.29 million, a P/E ratio of 18.86 and a beta of 0.64. iShares MSCI Global Sustainable Development Goals ETF has a 52-week low of $69.11 and a 52-week high of $88.49. The stock has a 50-day moving average price of $85.01 and a 200-day moving average price of $84.63.

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.