iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Large Increase in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 337,100 shares, a growth of 294.3% from the November 30th total of 85,500 shares. Based on an average daily trading volume, of 680,400 shares, the days-to-cover ratio is presently 0.5 days.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of ESGE traded down $0.12 during midday trading on Friday, reaching $33.82. 421,470 shares of the stock were exchanged, compared to its average volume of 723,096. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 12.20 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a twelve month low of $29.78 and a twelve month high of $37.72. The business’s 50-day moving average price is $34.91 and its 200 day moving average price is $34.59.

iShares ESG Aware MSCI EM ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.5314 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Several hedge funds have recently modified their holdings of the stock. TIAA Trust National Association lifted its holdings in shares of iShares ESG Aware MSCI EM ETF by 13.1% in the 2nd quarter. TIAA Trust National Association now owns 5,754,518 shares of the company’s stock valued at $192,557,000 after buying an additional 666,543 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares ESG Aware MSCI EM ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 1,961,054 shares of the company’s stock worth $71,402,000 after acquiring an additional 83,263 shares during the period. Private Ocean LLC raised its position in iShares ESG Aware MSCI EM ETF by 204.5% in the second quarter. Private Ocean LLC now owns 475,784 shares of the company’s stock worth $15,953,000 after acquiring an additional 319,528 shares in the last quarter. Money Design Co. Ltd. lifted its holdings in iShares ESG Aware MSCI EM ETF by 1.6% in the third quarter. Money Design Co. Ltd. now owns 461,900 shares of the company’s stock valued at $16,818,000 after acquiring an additional 7,257 shares during the period. Finally, Eastern Bank purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter worth $5,848,000.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.