iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 16,600 shares, a decrease of 30.8% from the February 28th total of 24,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 147,300 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. purchased a new stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Trading Up 0.6 %

Shares of NASDAQ PABU traded up $0.33 during midday trading on Monday, reaching $59.92. 388,310 shares of the stock were exchanged, compared to its average volume of 130,245. The stock has a 50 day moving average price of $63.90 and a 200-day moving average price of $64.42. The company has a market capitalization of $1.76 billion, a P/E ratio of 29.73 and a beta of -1.11. iShares Paris-Aligned Climate MSCI USA ETF has a 52-week low of $53.17 and a 52-week high of $67.63.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $0.111 dividend. The ex-dividend date was Tuesday, March 18th.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.