iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Increase in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 63,200 shares, a growth of 42.0% from the October 15th total of 44,500 shares. Based on an average trading volume of 188,100 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC grew its position in iShares ESG Aware USD Corporate Bond ETF by 13.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock worth $1,468,000 after acquiring an additional 7,412 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the third quarter worth $297,000. First Horizon Advisors Inc. increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 12.2% in the third quarter. First Horizon Advisors Inc. now owns 12,325 shares of the company’s stock valued at $293,000 after buying an additional 1,341 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 0.6% in the third quarter. Janney Montgomery Scott LLC now owns 111,231 shares of the company’s stock valued at $2,646,000 after buying an additional 652 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter worth about $754,000.

iShares ESG Aware USD Corporate Bond ETF Stock Up 0.1 %

SUSC stock traded up $0.03 during midday trading on Friday, hitting $22.97. The stock had a trading volume of 264,279 shares, compared to its average volume of 255,398. iShares ESG Aware USD Corporate Bond ETF has a 52 week low of $22.01 and a 52 week high of $23.97. The stock has a 50-day simple moving average of $23.44 and a 200 day simple moving average of $23.13.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.0829 per share. The ex-dividend date was Friday, November 1st. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.33%.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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