Short Interest in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Expands By 113.2%

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 108,461 shares, a growth of 113.2% from the May 14th total of 50,862 shares. Based on an average daily volume of 81,166 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Trading of iShares ESG Advanced MSCI EAFE ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the first quarter worth about $26,000. Evolution Wealth Management Inc. increased its position in shares of iShares ESG Advanced MSCI EAFE ETF by 65.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth about $34,000. SHP Wealth Management purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth about $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the third quarter worth about $50,000.

iShares ESG Advanced MSCI EAFE ETF Trading Up 0.2%

NASDAQ:DMXF traded up $0.17 during mid-day trading on Friday, hitting $84.36. The company had a trading volume of 34,549 shares, compared to its average volume of 84,133. The business has a fifty day simple moving average of $81.34 and a 200-day simple moving average of $78.84. iShares ESG Advanced MSCI EAFE ETF has a 1 year low of $71.12 and a 1 year high of $84.60. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 19.02 and a beta of 0.85.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.