iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Down 58.6% in August

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUGet Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 5,298 shares, a drop of 58.6% from the July 30th total of 12,786 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,762 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUFree Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Stock Down 0.7%

Shares of NASDAQ PABU traded down $0.58 during mid-day trading on Friday, reaching $78.99. 672 shares of the company were exchanged, compared to its average volume of 48,337. iShares Paris-Aligned Climate MSCI USA ETF has a 52 week low of $63.89 and a 52 week high of $80.55. The company’s 50 day moving average price is $76.65 and its 200 day moving average price is $73.70. The stock has a market capitalization of $2.55 billion, a PE ratio of 32.18 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.1606 per share. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a yield of 0.8%.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(Get Free Report)

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.

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