Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Decreases By 69.7%

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 14,200 shares, a decline of 69.7% from the August 31st total of 46,800 shares. Based on an average daily trading volume, of 29,900 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 29,900 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On iShares USD Green Bond ETF

Large investors have recently bought and sold shares of the business. Financial Connections Group Inc. acquired a new position in iShares USD Green Bond ETF in the 2nd quarter worth about $49,000. WFA of San Diego LLC acquired a new position in iShares USD Green Bond ETF in the 2nd quarter worth about $64,000. Ameritas Advisory Services LLC acquired a new position in iShares USD Green Bond ETF in the 2nd quarter worth about $112,000. Parallel Advisors LLC acquired a new position in iShares USD Green Bond ETF in the 1st quarter worth about $113,000. Finally, LRI Investments LLC acquired a new position in iShares USD Green Bond ETF in the 1st quarter worth about $147,000.

iShares USD Green Bond ETF Price Performance

Shares of BGRN stock opened at $48.08 on Friday. The business has a 50-day simple moving average of $47.90 and a 200-day simple moving average of $47.37. iShares USD Green Bond ETF has a 52-week low of $46.15 and a 52-week high of $48.38.

iShares USD Green Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be issued a $0.1666 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

About iShares USD Green Bond ETF

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.