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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 46,880 shares, a growth of 634.8% from the April 30th total of 6,380 shares. Based on an average daily trading volume, of 13,642 shares, the short-interest ratio is currently 3.4 days. Approximately 0.1% of the company’s stock are short sold.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 1.0%

PABU stock traded up $0.79 during midday trading on Thursday, hitting $78.56. 2,256 shares of the company traded hands, compared to its average volume of 70,168. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $63.56 and a twelve month high of $78.56. The business has a 50 day simple moving average of $71.80 and a 200-day simple moving average of $71.59. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.1402 per share. This represents a $0.56 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, March 17th.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

About iShares Paris-Aligned Climate MSCI USA ETF

(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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