Short Interest in iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Increases By 1,400.0%

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 3,000 shares, a growth of 1,400.0% from the January 15th total of 200 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently bought a new stake in iShares ESG MSCI USA Min Vol Factor ETF stock. Redwood Park Advisors LLC purchased a new stake in iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,029 shares of the company’s stock, valued at approximately $29,000. Redwood Park Advisors LLC owned about 0.34% of iShares ESG MSCI USA Min Vol Factor ETF as of its most recent filing with the Securities and Exchange Commission.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

NASDAQ:ESMV traded down $0.11 during mid-day trading on Friday, reaching $28.98. The stock had a trading volume of 1,065 shares, compared to its average volume of 1,635. The stock has a 50-day simple moving average of $28.41 and a two-hundred day simple moving average of $28.49. The stock has a market capitalization of $8.69 million, a PE ratio of 26.85 and a beta of 0.80. iShares ESG MSCI USA Min Vol Factor ETF has a 12 month low of $25.38 and a 12 month high of $29.95.

iShares ESG MSCI USA Min Vol Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.1466 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares ESG MSCI USA Min Vol Factor ETF’s previous dividend of $0.12.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.