iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Up 621.9% in December

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 19,312 shares, a growth of 621.9% from the December 15th total of 2,675 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 61,138 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 61,138 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

iShares Paris-Aligned Climate MSCI USA ETF stock traded up $0.01 during mid-day trading on Monday, reaching $73.05. 15,964 shares of the company were exchanged, compared to its average volume of 16,766. The firm’s 50-day simple moving average is $72.77 and its two-hundred day simple moving average is $70.93. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $52.49 and a twelve month high of $74.72. The firm has a market cap of $2.28 billion, a PE ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.249 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, December 16th. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management acquired a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 972 shares of the company’s stock, valued at approximately $65,000.

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. PABU was launched on Feb 8, 2022 and is managed by BlackRock.