iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Significant Increase in Short Interest

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 8,000 shares, a growth of 2,566.7% from the February 28th total of 300 shares. Based on an average daily volume of 24,100 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

Shares of USCL stock opened at $68.21 on Friday. iShares Climate Conscious & Transition MSCI USA ETF has a 52-week low of $58.93 and a 52-week high of $74.00. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 25.55 and a beta of 1.00. The firm’s 50-day moving average is $71.01 and its 200-day moving average is $70.46.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.1969 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp purchased a new stake in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned 0.51% of iShares Climate Conscious & Transition MSCI USA ETF at the end of the most recent reporting period.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.