SUSC Stock Summary and Trading Ideas (iShares Esg USD Corporate Bond ETF | NASDAQ:SUSC)

The iShares ESG USD Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds issued by companies that have positive environmental, social and governance characteristics while exhibiting risk and return characteristics similar to those of the parent index of such index.

iShares Esg USD Corporate Bond ETF trades on the NASDAQ stock market under the symbol SUSC.

As of April 19, 2024, SUSC stock price was flat at $22.32 with 148,784 million shares trading.

SUSC has a beta of 0.37, meaning it tends to be less sensitive to market movements. SUSC has a correlation of 0.35 to the broad based SPY ETF.

SUSC has a market cap of $1.07 billion. This is considered a Small Cap stock.

In the last 3 years, SUSC stock traded as high as $28.18 and as low as $21.03.

SUSC has underperformed the market in the last year with a return of +1.8%, while the SPY ETF gained +21.2%. In the last 3 month period, SUSC fell short of the market, returning -1.7%, while SPY returned +3.0%. However, in the most recent 2 weeks SUSC has outperformed the stock market by returning -1.6%, while SPY returned -4.5%.

SUSC support price is $22.23 and resistance is $22.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SUSC stock will trade within this expected range on the day.