iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Down 33.9% in March

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 1,604,196 shares, a decrease of 33.9% from the February 26th total of 2,427,938 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily volume of 2,276,272 shares, the short-interest ratio is presently 0.7 days.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of NASDAQ:ESGE traded down $0.41 during midday trading on Monday, hitting $43.80. The company had a trading volume of 946,728 shares, compared to its average volume of 1,396,767. iShares ESG Aware MSCI EM ETF has a twelve month low of $30.57 and a twelve month high of $50.99. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66. The business’s 50-day simple moving average is $47.64 and its 200-day simple moving average is $45.40.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Grey Fox Wealth Advisors LLC acquired a new stake in iShares ESG Aware MSCI EM ETF in the 3rd quarter valued at approximately $45,000. Nalls Sherbakoff Group LLC acquired a new position in iShares ESG Aware MSCI EM ETF during the fourth quarter worth $46,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of iShares ESG Aware MSCI EM ETF by 21.7% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after buying an additional 230 shares during the period. GGM Financials LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth $58,000. Finally, North Star Investment Management Corp. acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the third quarter valued at $63,000.

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.