iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Sees Large Increase in Short Interest

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 42,700 shares, a growth of 22.0% from the September 30th total of 35,000 shares. Based on an average trading volume of 35,500 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. GPS Wealth Strategies Group LLC grew its position in iShares ESG Advanced MSCI EAFE ETF by 49.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 671 shares of the company’s stock valued at $45,000 after purchasing an additional 221 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in shares of iShares ESG Advanced MSCI EAFE ETF in the 2nd quarter valued at about $57,000. Continuum Advisory LLC increased its position in shares of iShares ESG Advanced MSCI EAFE ETF by 24.5% in the second quarter. Continuum Advisory LLC now owns 1,012 shares of the company’s stock valued at $68,000 after acquiring an additional 199 shares during the last quarter. JFS Wealth Advisors LLC raised its holdings in iShares ESG Advanced MSCI EAFE ETF by 16.8% during the third quarter. JFS Wealth Advisors LLC now owns 1,577 shares of the company’s stock worth $114,000 after acquiring an additional 227 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its stake in iShares ESG Advanced MSCI EAFE ETF by 38.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 2,259 shares of the company’s stock valued at $163,000 after purchasing an additional 623 shares in the last quarter.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

NASDAQ DMXF traded down $0.49 on Wednesday, reaching $68.37. The company had a trading volume of 28,848 shares, compared to its average volume of 27,800. The company’s fifty day moving average is $70.41 and its 200-day moving average is $68.72. The firm has a market capitalization of $738.34 million, a price-to-earnings ratio of 18.77 and a beta of 0.91. iShares ESG Advanced MSCI EAFE ETF has a 1-year low of $54.99 and a 1-year high of $73.20.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.