iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Growth in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 73,800 shares, a growth of 48.8% from the May 15th total of 49,600 shares. Based on an average daily volume of 101,300 shares, the short-interest ratio is currently 0.7 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

NASDAQ:SUSB traded down $0.01 during trading hours on Friday, hitting $24.50. 83,178 shares of the company traded hands, compared to its average volume of 117,379. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a twelve month low of $23.55 and a twelve month high of $24.60. The firm has a 50-day moving average of $24.35 and a 200 day moving average of $24.38.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.0777 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date was Monday, June 3rd.

Institutional Investors Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Several hedge funds have recently made changes to their positions in SUSB. Arrow Financial Corp boosted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 13.8% during the first quarter. Arrow Financial Corp now owns 21,830 shares of the company’s stock worth $534,000 after buying an additional 2,650 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 1st quarter valued at about $911,000. Blue Edge Capital LLC increased its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.7% in the first quarter. Blue Edge Capital LLC now owns 16,030 shares of the company’s stock valued at $392,000 after acquiring an additional 1,674 shares during the period. Payden & Rygel Investment Group acquired a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the first quarter worth about $2,028,000. Finally, Mittelman Wealth Management bought a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the first quarter worth about $293,000.

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

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.