iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Increase in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 75,400 shares, an increase of 450.4% from the December 15th total of 13,700 shares. Based on an average daily volume of 149,100 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Hedge funds have recently bought and sold shares of the business. Continuum Advisory LLC lifted its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.9% in the 3rd quarter. Continuum Advisory LLC now owns 15,909 shares of the company’s stock valued at $393,000 after purchasing an additional 746 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 167.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,761 shares of the company’s stock valued at $44,000 after acquiring an additional 1,102 shares during the period. Front Row Advisors LLC boosted its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 34.5% during the second quarter. Front Row Advisors LLC now owns 4,440 shares of the company’s stock valued at $109,000 after purchasing an additional 1,140 shares during the period. Eastern Bank increased its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 0.3% in the 3rd quarter. Eastern Bank now owns 343,097 shares of the company’s stock worth $8,632,000 after buying an additional 1,178 shares during the period. Finally, Sugarloaf Wealth Management LLC bought a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 3rd quarter valued at about $32,000.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

Shares of NASDAQ:SUSB traded up $0.03 during mid-day trading on Tuesday, reaching $24.63. The stock had a trading volume of 22,415 shares, compared to its average volume of 109,663. The business’s 50 day moving average price is $24.76 and its 200 day moving average price is $24.84. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 1 year low of $24.17 and a 1 year high of $25.20.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.09 dividend. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous dividend of $0.08.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index.