iShares USD Green Bond ETF (NASDAQ:BGRN) Sees Large Decrease in Short Interest

iShares USD Green Bond ETF (NASDAQ:BGRNGet Rating) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 3,000 shares, a decrease of 98.7% from the April 30th total of 237,700 shares. Based on an average daily trading volume, of 37,000 shares, the short-interest ratio is currently 0.1 days.

Several hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of iShares USD Green Bond ETF by 6.3% during the 1st quarter. Jane Street Group LLC now owns 241,278 shares of the company’s stock worth $12,206,000 after buying an additional 14,363 shares during the last quarter. UBS Group AG increased its holdings in iShares USD Green Bond ETF by 14.3% in the 3rd quarter. UBS Group AG now owns 191,773 shares of the company’s stock valued at $10,523,000 after purchasing an additional 24,018 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares USD Green Bond ETF by 18.7% in the 3rd quarter. Royal Bank of Canada now owns 133,178 shares of the company’s stock valued at $7,307,000 after purchasing an additional 20,983 shares in the last quarter. Stewardship Advisors LLC increased its holdings in iShares USD Green Bond ETF by 36.4% in the 1st quarter. Stewardship Advisors LLC now owns 95,920 shares of the company’s stock valued at $4,853,000 after purchasing an additional 25,600 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in iShares USD Green Bond ETF by 1.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 75,151 shares of the company’s stock valued at $4,078,000 after purchasing an additional 866 shares in the last quarter.

Shares of BGRN stock traded up $0.21 on Wednesday, reaching $48.95. 12,762 shares of the stock were exchanged, compared to its average volume of 31,870. The firm has a 50 day moving average of $49.20 and a two-hundred day moving average of $52.05. iShares USD Green Bond ETF has a 1-year low of $47.79 and a 1-year high of $56.18.

The company also recently disclosed a monthly dividend, which was paid on Friday, May 6th. Stockholders of record on Tuesday, May 3rd were issued a dividend of $0.164 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.02%. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, May 2nd.

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