iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Sees Large Decline in Short Interest

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUSGet Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 504 shares, a drop of 64.3% from the August 15th total of 1,410 shares. Based on an average trading volume of 1,970 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA Growth ETF

An institutional investor recently bought a new stake in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors bought a new stake in shares of iShares ESG Aware MSCI USA Growth ETF (BATS:EGUSFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned 0.24% of iShares ESG Aware MSCI USA Growth ETF as of its most recent filing with the Securities and Exchange Commission.

iShares ESG Aware MSCI USA Growth ETF Stock Down 1.0%

BATS EGUS opened at $57.51 on Tuesday. iShares ESG Aware MSCI USA Growth ETF has a 12-month low of $45.91 and a 12-month high of $60.00. The firm has a 50-day moving average price of $58.16 and a two-hundred day moving average price of $55.41. The company has a market capitalization of $32.21 million, a P/E ratio of 36.55 and a beta of 1.19.

iShares ESG Aware MSCI USA Growth ETF Company Profile

(Get Free Report)

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.

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