iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Sees Significant Increase in Short Interest

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMVGet Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,200 shares, a growth of 120.0% from the February 28th total of 1,000 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 1.5 days.

iShares ESG MSCI USA Min Vol Factor ETF Trading Down 0.9 %

Shares of iShares ESG MSCI USA Min Vol Factor ETF stock traded down $0.25 during trading on Friday, hitting $28.41. 2 shares of the stock were exchanged, compared to its average volume of 2,705. iShares ESG MSCI USA Min Vol Factor ETF has a 1-year low of $25.38 and a 1-year high of $29.95. The company has a fifty day moving average price of $28.70 and a 200-day moving average price of $28.71. The stock has a market capitalization of $8.52 million, a price-to-earnings ratio of 25.92 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.0888 per share. The ex-dividend date was Tuesday, March 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares ESG MSCI USA Min Vol Factor ETF stock. Redwood Park Advisors LLC purchased a new stake in iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMVFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,029 shares of the company’s stock, valued at approximately $29,000. Redwood Park Advisors LLC owned 0.34% of iShares ESG MSCI USA Min Vol Factor ETF at the end of the most recent quarter.

About iShares ESG MSCI USA Min Vol Factor ETF

(Get Free Report)

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.

See Also

Receive News & Ratings for iShares ESG MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares ESG MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.