iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Short Interest Up 75.7% in May

by · The Cerbat Gem

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,689 shares, an increase of 75.7% from the April 30th total of 3,238 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 1.2 days.

iShares MSCI Global Sustainable Development Goals ETF Stock Down 0.1%

SDG traded down $0.12 on Tuesday, reaching $91.50. The company had a trading volume of 6,150 shares, compared to its average volume of 4,881. iShares MSCI Global Sustainable Development Goals ETF has a 1 year low of $73.38 and a 1 year high of $92.48. The stock has a market capitalization of $173.85 million, a PE ratio of 18.86 and a beta of 0.64. The stock has a 50-day moving average price of $87.96 and a 200-day moving average price of $86.09.

Institutional Investors Weigh In On iShares MSCI Global Sustainable Development Goals ETF

An institutional investor recently raised its position in iShares MSCI Global Sustainable Development Goals ETF stock. Ameriflex Group Inc. raised its holdings in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG – Free Report) by 98.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 364 shares of the company’s stock after purchasing an additional 181 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares MSCI Global Sustainable Development Goals ETF were worth $30,000 as of its most recent filing with the SEC.

iShares MSCI Global Sustainable Development Goals ETF Company Profile

(Get Free Report)

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.

Featured Articles