iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Short Interest Up 219.3% in May

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 27,446 shares, an increase of 219.3% from the May 14th total of 8,596 shares. Based on an average daily trading volume, of 81,410 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC grew its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 239.4% during the third quarter. Flow Traders U.S. LLC now owns 76,306 shares of the company’s stock worth $3,351,000 after buying an additional 53,823 shares in the last quarter. Rossby Financial LCC grew its position 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 worth $278,000 after buying an additional 5,104 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 2.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,669 shares of the company’s stock valued at $732,000 after acquiring an additional 437 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF during the 3rd quarter worth about $27,000. Finally, FSB Premier Wealth Management Inc. purchased a new stake in iShares ESG Advanced Total USD Bond Market ETF during the second quarter worth approximately $272,000.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

Shares of iShares ESG Advanced Total USD Bond Market ETF stock opened at $43.36 on Friday. iShares ESG Advanced Total USD Bond Market ETF has a one year low of $42.84 and a one year high of $44.47. The business has a 50-day simple moving average of $43.42 and a 200-day simple moving average of $43.75.

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.