Short Interest in iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Drops By 36.5%

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 59,167 shares, a decrease of 36.5% from the August 15th total of 93,246 shares. Based on an average trading volume of 27,631 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares ESG MSCI USA Leaders ETF

A number of institutional investors have recently modified their holdings of the company. Reynders McVeigh Capital Management LLC acquired a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 2nd quarter valued at $578,000. Sequoia Financial Advisors LLC raised its position in shares of iShares ESG MSCI USA Leaders ETF by 2.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,723 shares of the company’s stock worth $1,158,000 after purchasing an additional 209 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of iShares ESG MSCI USA Leaders ETF in the second quarter valued at $321,000. Allworth Financial LP boosted its stake in iShares ESG MSCI USA Leaders ETF by 1.4% in the 2nd quarter. Allworth Financial LP now owns 193,400 shares of the company’s stock worth $25,676,000 after buying an additional 2,593 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of iShares ESG MSCI USA Leaders ETF in the second quarter worth approximately $1,643,000.

iShares ESG MSCI USA Leaders ETF Price Performance

NASDAQ SUSL traded up $1.44 during trading hours on Thursday, hitting $135.01. 6,466 shares of the company’s stock traded hands, compared to its average volume of 28,672. iShares ESG MSCI USA Leaders ETF has a 52-week low of $109.85 and a 52-week high of $139.20. The company has a market capitalization of $1.21 billion, a PE ratio of 27.42 and a beta of 1.04. The firm’s 50-day moving average is $135.07 and its 200-day moving average is $128.72.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, September 15th will be issued a $0.3259 dividend. This is a boost from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.29. This represents a $1.30 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, September 15th.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.