iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Significant Increase in Short Interest

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 8,000 shares, an increase of 2,566.7% from the February 28th total of 300 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 24,100 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

An institutional investor recently bought a new position in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp bought a new position in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned approximately 0.51% of iShares Climate Conscious & Transition MSCI USA ETF at the end of the most recent quarter.

iShares Climate Conscious & Transition MSCI USA ETF Stock Performance

Shares of USCL stock opened at $68.39 on Thursday. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 25.55 and a beta of 1.00. iShares Climate Conscious & Transition MSCI USA ETF has a one year low of $58.93 and a one year high of $74.00. The company’s 50-day moving average is $71.07 and its 200 day moving average is $70.48.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.1969 per share. The ex-dividend date was Tuesday, March 18th.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.