iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Short Interest Update

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 393,500 shares, a growth of 493.5% from the February 28th total of 66,300 shares. Based on an average trading volume of 500,100 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

iShares ESG Aware MSCI EAFE ETF Stock Down 0.8 %

ESGD stock traded down $0.68 during midday trading on Friday, reaching $82.41. 277,054 shares of the company’s stock traded hands, compared to its average volume of 347,181. The company has a 50-day simple moving average of $81.49 and a two-hundred day simple moving average of $80.27. iShares ESG Aware MSCI EAFE ETF has a 1-year low of $74.08 and a 1-year high of $85.08. The company has a market cap of $8.92 billion, a price-to-earnings ratio of 17.68 and a beta of 0.86.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ESGD. Brooklyn FI LLC raised its position in iShares ESG Aware MSCI EAFE ETF by 6,436.1% in the 4th quarter. Brooklyn FI LLC now owns 1,032,893 shares of the company’s stock worth $82,163,000 after purchasing an additional 1,017,090 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares ESG Aware MSCI EAFE ETF by 21.0% in the 4th quarter. Northern Trust Corp now owns 5,604,447 shares of the company’s stock valued at $426,723,000 after acquiring an additional 973,276 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares ESG Aware MSCI EAFE ETF by 363.0% in the 4th quarter. Jane Street Group LLC now owns 624,581 shares of the company’s stock valued at $47,556,000 after acquiring an additional 489,683 shares during the period. FMR LLC boosted its stake in iShares ESG Aware MSCI EAFE ETF by 24.4% during the 4th quarter. FMR LLC now owns 2,343,423 shares of the company’s stock worth $178,428,000 after acquiring an additional 459,851 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares ESG Aware MSCI EAFE ETF by 6.8% in the fourth quarter. JPMorgan Chase & Co. now owns 6,268,152 shares of the company’s stock worth $477,257,000 after purchasing an additional 399,962 shares during the period.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.