iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

by · The Markets Daily

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 5,298 shares, a decrease of 58.6% from the July 30th total of 12,786 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,762 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. bought a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

PABU traded down $0.58 on Friday, hitting $78.99. The company had a trading volume of 672 shares, compared to its average volume of 48,337. The stock has a fifty day moving average price of $76.65 and a 200-day moving average price of $73.70. iShares Paris-Aligned Climate MSCI USA ETF has a 12-month low of $63.89 and a 12-month high of $80.55. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 32.18 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.1606 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.8%.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(Get Free Report)

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.

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