Short Interest in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Drops By 28.2%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 66,126 shares, a drop of 28.2% from the December 31st total of 92,106 shares. Based on an average daily trading volume, of 94,394 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 94,394 shares, the days-to-cover ratio is currently 0.7 days.

iShares MSCI USA ESG Select ETF Trading Down 0.5%

SUSA stock traded down $0.70 during trading on Friday, reaching $141.17. The stock had a trading volume of 281,975 shares, compared to its average volume of 111,989. The firm has a market cap of $3.76 billion, a PE ratio of -253.13 and a beta of 1.05. The stock’s 50 day moving average is $140.47 and its two-hundred day moving average is $135.98. iShares MSCI USA ESG Select ETF has a 52 week low of $99.48 and a 52 week high of $143.18.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in iShares MSCI USA ESG Select ETF by 0.3% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 31,088 shares of the company’s stock valued at $4,217,000 after buying an additional 84 shares during the period. Johnson Investment Counsel Inc. grew its position in shares of iShares MSCI USA ESG Select ETF by 2.0% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 4,384 shares of the company’s stock worth $556,000 after buying an additional 85 shares during the last quarter. Flagship Harbor Advisors LLC boosted its holdings in iShares MSCI USA ESG Select ETF by 2.5% in the second quarter. Flagship Harbor Advisors LLC now owns 3,494 shares of the company’s stock worth $443,000 after acquiring an additional 85 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in iShares MSCI USA ESG Select ETF by 3.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 2,740 shares of the company’s stock worth $382,000 after acquiring an additional 89 shares during the period. Finally, Peak Financial Management Inc. increased its stake in shares of iShares MSCI USA ESG Select ETF by 2.0% in the second quarter. Peak Financial Management Inc. now owns 4,575 shares of the company’s stock worth $580,000 after acquiring an additional 90 shares during the period.

About iShares MSCI USA ESG Select ETF

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.