iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Stock Short Interest Drops 48.1%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 7,882 shares, a decline of 48.1% from the September 15th total of 15,197 shares. Based on an average daily trading volume, of 36,750 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Edge Capital LLC bought a new position in iShares MSCI USA ESG Select ETF during the second quarter worth $1,559,000. Citadel Advisors LLC bought a new stake in iShares MSCI USA ESG Select ETF during the second quarter worth approximately $3,217,000. Financially in Tune LLC acquired a new position in iShares MSCI USA ESG Select ETF in the 4th quarter worth approximately $3,210,000. Tompkins Financial Corp acquired a new position in shares of iShares MSCI USA ESG Select ETF in the third quarter worth $4,746,000. Finally, Rockefeller Capital Management L.P. increased its position in iShares MSCI USA ESG Select ETF by 14.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 39,240 shares of the company’s stock worth $5,468,000 after buying an additional 5,057 shares during the last quarter.

iShares MSCI USA ESG Select ETF Price Performance

Shares of SUSA traded down $2.00 during mid-day trading on Friday, reaching $155.55. 34,745 shares of the company’s stock were exchanged, compared to its average volume of 47,983. iShares MSCI USA ESG Select ETF has a 52-week low of $128.09 and a 52-week high of $160.35. The business’s fifty day simple moving average is $157.49 and its 200-day simple moving average is $152.10. The stock has a market capitalization of $4.04 billion, a PE ratio of -278.92 and a beta of 1.06.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.