iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Update

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,600 shares, an increase of 43.8% from the March 15th total of 19,199 shares. Based on an average trading volume of 55,101 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares USD Green Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP grew its position in iShares USD Green Bond ETF by 429.4% in the fourth quarter. Allworth Financial LP now owns 630 shares of the company’s stock valued at $30,000 after purchasing an additional 511 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in iShares USD Green Bond ETF in the fourth quarter valued at $31,000. Signature Resources Capital Management LLC grew its position in iShares USD Green Bond ETF by 1,358.9% in the third quarter. Signature Resources Capital Management LLC now owns 1,065 shares of the company’s stock valued at $51,000 after purchasing an additional 992 shares in the last quarter. WFA of San Diego LLC bought a new position in iShares USD Green Bond ETF in the second quarter valued at $64,000. Finally, Advisory Services Network LLC bought a new position in iShares USD Green Bond ETF in the third quarter valued at $85,000.

iShares USD Green Bond ETF Stock Performance

Shares of NASDAQ:BGRN opened at $47.63 on Tuesday. iShares USD Green Bond ETF has a 12 month low of $46.50 and a 12 month high of $48.52. The company’s fifty day simple moving average is $47.76 and its 200 day simple moving average is $47.96.

iShares USD Green Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1666 per share. The ex-dividend date was Wednesday, April 1st.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.