Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Increases By 56.3%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 79,155 shares, an increase of 56.3% from the July 30th total of 50,644 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 38,703 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Bancorp Inc ME acquired a new stake in shares of iShares ESG Advanced MSCI USA ETF in the 2nd quarter valued at approximately $27,000. Smartleaf Asset Management LLC acquired a new position in iShares ESG Advanced MSCI USA ETF during the 2nd quarter worth approximately $26,000. NBT Bank N A NY increased its position in iShares ESG Advanced MSCI USA ETF by 1,041.4% during the 1st quarter. NBT Bank N A NY now owns 662 shares of the company’s stock worth $37,000 after purchasing an additional 604 shares in the last quarter. Triumph Capital Management bought a new position in iShares ESG Advanced MSCI USA ETF in the 3rd quarter valued at approximately $46,000. Finally, Birchbrook Inc. lifted its stake in iShares ESG Advanced MSCI USA ETF by 128.7% in the 4th quarter. Birchbrook Inc. now owns 814 shares of the company’s stock valued at $47,000 after purchasing an additional 458 shares during the last quarter.

iShares ESG Advanced MSCI USA ETF Stock Performance

iShares ESG Advanced MSCI USA ETF stock opened at $67.36 on Thursday. iShares ESG Advanced MSCI USA ETF has a 52 week low of $53.05 and a 52 week high of $70.69. The stock has a market capitalization of $1.44 billion, a P/E ratio of 28.41 and a beta of 1.09. The stock has a fifty day moving average of $67.86 and a 200-day moving average of $63.95.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.1226 dividend. This represents a $0.49 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, June 15th.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.