iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Decrease in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 104,300 shares, a drop of 28.2% from the October 31st total of 145,200 shares. Based on an average daily volume of 201,700 shares, the short-interest ratio is presently 0.5 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.2 %

SUSB traded up $0.06 on Friday, reaching $24.92. The stock had a trading volume of 29,951 shares, compared to its average volume of 136,610. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 12-month low of $24.11 and a 12-month high of $25.20. The business’s 50-day moving average price is $24.91 and its two-hundred day moving average price is $24.77.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.085 dividend. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.02 dividend on an annualized basis and a yield of 4.09%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SUSB. First Command Advisory Services Inc. purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the second quarter worth about $28,000. Sugarloaf Wealth Management LLC acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter worth about $32,000. Farther Finance Advisors LLC boosted its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 167.2% during the third quarter. Farther Finance Advisors LLC now owns 1,761 shares of the company’s stock worth $44,000 after acquiring an additional 1,102 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter worth about $54,000. Finally, Hills Bank & Trust Co acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 2nd quarter valued at about $102,000.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

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.