iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Large Decline in Short Interest

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCLGet Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 3,410 shares, a decline of 75.2% from the April 30th total of 13,763 shares. Based on an average trading volume of 447 shares, the short-interest ratio is currently 7.6 days. Currently, 0.0% of the company’s shares are sold short.

iShares Climate Conscious & Transition MSCI USA ETF Trading Up 0.6%

Shares of iShares Climate Conscious & Transition MSCI USA ETF stock traded up $0.54 on Friday, hitting $85.15. 400,061 shares of the company traded hands, compared to its average volume of 10,881. The stock’s 50 day moving average price is $79.22 and its 200-day moving average price is $78.98. iShares Climate Conscious & Transition MSCI USA ETF has a 52 week low of $70.31 and a 52 week high of $85.15. The company has a market cap of $2.58 billion, a PE ratio of 25.52 and a beta of 1.00.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.2313 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.93 dividend on an annualized basis and a yield of 1.1%.

iShares Climate Conscious & Transition MSCI USA ETF Company Profile

(Get Free Report)

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI. USCL was launched on Jun 6, 2023 and is managed by BlackRock.

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