Short Interest in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Expands By 77.1%

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 9,159 shares, a growth of 77.1% from the April 15th total of 5,172 shares. Based on an average daily volume of 77,837 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Several institutional investors have recently made changes to their positions in EUSB. Triumph Capital Management acquired a new position in shares of iShares ESG Advanced Total USD Bond Market ETF during the third quarter valued at about $27,000. Balance Wealth LLC raised its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 7.0% during the first quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock valued at $229,000 after purchasing an additional 344 shares during the period. Whitegate Investment Counselors Inc. raised its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% during the first quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock valued at $262,000 after purchasing an additional 839 shares during the period. FSB Premier Wealth Management Inc. acquired a new position in shares of iShares ESG Advanced Total USD Bond Market ETF during the second quarter valued at about $272,000. Finally, Rossby Financial LCC raised its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 413.3% during the third quarter. Rossby Financial LCC now owns 6,339 shares of the company’s stock valued at $278,000 after purchasing an additional 5,104 shares during the period.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

Shares of NYSEARCA EUSB opened at $43.07 on Monday. The firm’s 50-day moving average price is $43.56 and its 200-day moving average price is $43.85. iShares ESG Advanced Total USD Bond Market ETF has a 1-year low of $42.51 and a 1-year high of $44.47.

About iShares ESG Advanced Total USD Bond Market ETF

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.