iShares ESG Aware MSCI EM ETF ( NASDAQ : ESGE ) Short Interest Update

In September, iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) experienced a significant increase in short interest, with a total of 872,800 shares by September 15th, up 393.7% from August 31st. The short-interest ratio stood at 1.6 days based on an average trading volume of 552,500 shares. The stock traded down $0.10 to $37.01, with a volume of 1,275,768 shares, higher than its average of 741,470. The stock s market cap is $4.71 billion, with a P/E ratio of 12.20 and a beta of 0.75. The 50-day and 200-day moving averages are $33.98 and $33.38, respectively. Several institutional investors and hedge funds have recently adjusted their positions in ESGE. Blue Edge Capital LLC increased its stake by 0.8% in the 2nd quarter, owning 43,874 shares valued at $1,471,000. AdvisorNet Financial Inc raised its holdings by 3.5% in the first quarter, owning 10,870 shares valued at $350,000. Valeo Financial Advisors LLC increased its stake by 4.2% in the first quarter, owning 10,337 shares worth $328,000. Spinnaker Trust raised its holdings by 5.3% in the second quarter, owning 9,342 shares worth $313,000. Continuum Advisory LLC boosted its holdings by 8.7% in the second quarter, owning 6,837 shares valued at $229,000. ESGE is an ETF based on the MSCI EM Extended ESG Focus index, tracking large- and mid-cap companies from emerging market economies with positive environmental,

Source: modernreaders.com
Published on 2024-09-27

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