iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUGet Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 46,880 shares, a growth of 634.8% from the April 30th total of 6,380 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 13,642 shares, the days-to-cover ratio is presently 3.4 days.

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. JPMorgan Chase & Co. acquired a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

Shares of NASDAQ PABU traded up $0.79 during mid-day trading on Thursday, reaching $78.56. The company had a trading volume of 2,256 shares, compared to its average volume of 70,168. The stock has a fifty day moving average of $71.80 and a two-hundred day moving average of $71.59. iShares Paris-Aligned Climate MSCI USA ETF has a 12-month low of $63.56 and a 12-month high of $78.56. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a $0.1402 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%.

About iShares Paris-Aligned Climate MSCI USA ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares Paris-Aligned Climate MSCI USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Paris-Aligned Climate MSCI USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.