Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Grows By 200.0%

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 28,500 shares, an increase of 200.0% from the December 31st total of 9,500 shares. Based on an average daily volume of 23,300 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of iShares USD Green Bond ETF

Large investors have recently bought and sold shares of the company. Allworth Financial LP increased its holdings in iShares USD Green Bond ETF by 93.2% in the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after acquiring an additional 316 shares during the last quarter. Richardson Financial Services Inc. boosted its position in iShares USD Green Bond ETF by 102.9% during the third quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock worth $73,000 after purchasing an additional 785 shares during the period. Trust Co. of Vermont purchased a new position in shares of iShares USD Green Bond ETF in the fourth quarter worth about $78,000. Sachetta LLC grew its stake in iShares USD Green Bond ETF by 19.4% in the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after buying an additional 385 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares USD Green Bond ETF in the second quarter valued at $207,000.

iShares USD Green Bond ETF Trading Up 0.1 %

BGRN opened at $46.92 on Friday. The company’s 50-day moving average price is $46.89 and its two-hundred day moving average price is $47.37. iShares USD Green Bond ETF has a twelve month low of $45.73 and a twelve month high of $48.54.

iShares USD Green Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1676 per share. This represents a $2.01 annualized dividend and a yield of 4.29%. This is a positive change from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares USD Green Bond ETF Company Profile

The iShares USD Green Bond ETF (BGRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI.