Short Interest in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Drops By 49.5%

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,400 shares, a drop of 49.5% from the May 15th total of 20,600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 30,700 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

A number of hedge funds have recently bought and sold shares of the company. WealthTrak Capital Management LLC bought a new position in shares of iShares ESG Advanced MSCI EAFE ETF in the 4th quarter worth approximately $25,000. Capital A Wealth Management LLC bought a new stake in iShares ESG Advanced MSCI EAFE ETF in the 4th quarter valued at $27,000. PNC Financial Services Group Inc. lifted its stake in iShares ESG Advanced MSCI EAFE ETF by 57.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 847 shares of the company’s stock worth $55,000 after purchasing an additional 309 shares in the last quarter. Rossby Financial LCC bought a new position in shares of iShares ESG Advanced MSCI EAFE ETF during the 1st quarter valued at about $62,000. Finally, IFP Advisors Inc purchased a new position in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter valued at approximately $69,000.

iShares ESG Advanced MSCI EAFE ETF Stock Down 0.7%

Shares of NASDAQ:DMXF traded down $0.54 during trading on Tuesday, hitting $72.75. The stock had a trading volume of 2,990 shares, compared to its average volume of 43,017. iShares ESG Advanced MSCI EAFE ETF has a 12 month low of $58.82 and a 12 month high of $75.26. The firm’s fifty day moving average is $70.94 and its 200 day moving average is $68.44. The company has a market capitalization of $800.25 million, a PE ratio of 19.02 and a beta of 0.91.

iShares ESG Advanced MSCI EAFE ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, June 16th will be given a $1.1405 dividend. This is a boost from iShares ESG Advanced MSCI EAFE ETF’s previous dividend of $0.88. The ex-dividend date is Monday, June 16th.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.