iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Sees Significant Increase in Short Interest

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, a growth of 100.0% from the September 30th total of 200 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 0.1 days.

iShares ESG MSCI USA Min Vol Factor ETF Stock Performance

Shares of NASDAQ ESMV traded down $0.14 during trading hours on Friday, reaching $28.61. 6,742 shares of the stock were exchanged, compared to its average volume of 5,049. The firm has a market capitalization of $12.87 million, a price-to-earnings ratio of 26.85 and a beta of 0.80. The stock’s fifty day simple moving average is $28.57 and its 200 day simple moving average is $27.18. iShares ESG MSCI USA Min Vol Factor ETF has a 52 week low of $22.14 and a 52 week high of $29.27.

iShares ESG MSCI USA Min Vol Factor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.1238 dividend. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

An institutional investor recently raised its position in iShares ESG MSCI USA Min Vol Factor ETF stock. Guardian Capital LP lifted its holdings in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 31.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,798 shares of the company’s stock after purchasing an additional 12,120 shares during the quarter. Guardian Capital LP owned 11.29% of iShares ESG MSCI USA Min Vol Factor ETF worth $1,352,000 as of its most recent SEC filing.

About iShares ESG MSCI USA Min Vol Factor ETF

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.