iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Shares Shorted: Short Interest Up 135.1% in September

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 99,460 shares, a growth of 135.1% from the August 31st total of 42,311 shares. Based on an average trading volume of 186,674 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

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

SUSB stock traded up $0.04 during midday trading on Friday, reaching $24.47. 199,644 shares of the company’s stock traded hands, compared to its average volume of 223,277. The company has a 50-day moving average price of $24.75 and a two-hundred day moving average price of $24.90. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 52 week low of $24.42 and a 52 week high of $25.39.

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

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0957 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.15 dividend on an annualized basis and a yield of 4.7%. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0925.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SUSB. Bank of New York Mellon Corp raised its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the first quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after purchasing an additional 51,627 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock worth $2,369,000 after buying an additional 9,402 shares in the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter worth approximately $2,009,000. CX Institutional raised its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% in the 2nd quarter. CX Institutional now owns 41,406 shares of the company’s stock worth $1,035,000 after purchasing an additional 1,656 shares during the period. Finally, Continuum Advisory LLC lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 18.5% in the second quarter. Continuum Advisory LLC now owns 24,715 shares of the company’s stock worth $618,000 after purchasing an additional 3,861 shares during the last quarter.

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

(Get Free Report)

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. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.

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