iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Significant Increase in Short Interest

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 41,518 shares, an increase of 68.2% from the July 15th total of 24,689 shares. Based on an average daily trading volume, of 36,937 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are short sold.

iShares ESG Advanced Total USD Bond Market ETF Trading Down 0.2%

NYSEARCA:EUSB traded down $0.07 during trading hours on Monday, reaching $42.78. 58,181 shares of the stock were exchanged, compared to its average volume of 55,639. iShares ESG Advanced Total USD Bond Market ETF has a twelve month low of $42.69 and a twelve month high of $44.47. The firm has a 50 day moving average of $43.12 and a 200 day moving average of $43.47.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new stake in iShares ESG Advanced Total USD Bond Market ETF in the 3rd quarter valued at $27,000. Balance Wealth LLC lifted its position in iShares ESG Advanced Total USD Bond Market ETF by 7.0% during the 1st quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock worth $229,000 after buying an additional 344 shares in the last quarter. Whitegate Investment Counselors Inc. boosted its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% during the 1st quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock worth $262,000 after buying an additional 839 shares during the last quarter. FSB Premier Wealth Management Inc. bought a new position in shares of iShares ESG Advanced Total USD Bond Market ETF in the 2nd quarter valued at about $272,000. Finally, Rossby Financial LCC grew its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 5.7% in the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock valued at $294,000 after acquiring an additional 362 shares in the last quarter.

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.