iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Stock Short Interest Jumps 59.7%

by · The Cerbat Gem

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 158,866 shares, an increase of 59.7% from the September 15th total of 99,460 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 173,960 shares, the days-to-cover ratio is currently 0.9 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of SUSB. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter valued at approximately $2,009,000. Bank of New York Mellon Corp raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after acquiring an additional 51,627 shares during the period. Continuum Advisory LLC raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 18.5% during the 2nd quarter. Continuum Advisory LLC now owns 24,715 shares of the company’s stock valued at $618,000 after acquiring an additional 3,861 shares during the period. CX Institutional raised its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% during the 2nd quarter. CX Institutional now owns 41,406 shares of the company’s stock valued at $1,035,000 after acquiring an additional 1,656 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% during the first quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock worth $541,000 after acquiring an additional 10,627 shares in the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Trading Up 0.0%

NASDAQ:SUSB traded up $0.01 during trading hours on Friday, reaching $24.50. The company had a trading volume of 148,829 shares, compared to its average volume of 223,593. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a twelve month low of $24.30 and a twelve month high of $25.39. The business’s 50-day simple moving average is $24.62 and its two-hundred day simple moving average is $24.84.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.0960 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.15 annualized dividend and a dividend yield of 4.7%. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0957.

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

(Get Free Report)

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. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.

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