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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 27,000 shares, a growth of 193.5% from the September 30th total of 9,200 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 29,200 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 29,200 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Values Added Financial LLC acquired a new position in shares of iShares USD Green Bond ETF in the third quarter valued at approximately $396,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares USD Green Bond ETF by 6.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 21,543 shares of the company’s stock valued at $1,037,000 after purchasing an additional 1,242 shares during the period. Impact Investors Inc acquired a new position in shares of iShares USD Green Bond ETF in the third quarter valued at approximately $7,561,000. Invera Wealth Advisors LLC increased its holdings in shares of iShares USD Green Bond ETF by 7.3% in the third quarter. Invera Wealth Advisors LLC now owns 25,783 shares of the company’s stock valued at $1,241,000 after purchasing an additional 1,751 shares during the period. Finally, First National Corp MA ADV increased its holdings in shares of iShares USD Green Bond ETF by 5.1% in the third quarter. First National Corp MA ADV now owns 5,888 shares of the company’s stock valued at $283,000 after purchasing an additional 284 shares during the period.

iShares USD Green Bond ETF Stock Performance

NASDAQ:BGRN opened at $48.22 on Friday. The stock’s 50 day moving average price is $48.14 and its 200 day moving average price is $47.54. iShares USD Green Bond ETF has a 52-week low of $46.15 and a 52-week high of $48.52.

iShares USD Green Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be paid a dividend of $0.1666 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, October 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.