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) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 3,000 shares, an increase of 1,400.0% from the January 15th total of 200 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.7 days.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

Shares of ESMV stock traded down $0.14 on Wednesday, hitting $28.74. 957 shares of the stock traded hands, compared to its average volume of 1,313. The firm has a 50 day simple moving average of $28.44 and a two-hundred day simple moving average of $28.49. iShares ESG MSCI USA Min Vol Factor ETF has a 52 week low of $25.21 and a 52 week high of $29.95. The firm has a market cap of $8.62 million, a price-to-earnings ratio of 26.85 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Increases Dividend

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

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.