Short Interest in iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Drops By 64.3%

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 504 shares, a decrease of 64.3% from the August 15th total of 1,410 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,970 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA Growth ETF

An institutional investor recently bought a new position in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors purchased a new stake in iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned 0.24% of iShares ESG Aware MSCI USA Growth ETF at the end of the most recent reporting period.

iShares ESG Aware MSCI USA Growth ETF Stock Up 1.0%

Shares of EGUS stock opened at $58.07 on Friday. iShares ESG Aware MSCI USA Growth ETF has a 12-month low of $45.91 and a 12-month high of $60.00. The firm has a fifty day moving average of $58.17 and a 200-day moving average of $55.32. The company has a market capitalization of $32.52 million, a price-to-earnings ratio of 36.55 and a beta of 1.19.

About iShares ESG Aware MSCI USA Growth ETF

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.