iShares USD Green Bond ETF (NASDAQ:BGRN) Sees Significant Growth in Short Interest

iShares USD Green Bond ETF (NASDAQ:BGRN – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 103,969 shares, a growth of 59.1% from the July 15th total of 65,358 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 42,777 shares, the days-to-cover ratio is currently 2.4 days.

iShares USD Green Bond ETF Trading Up 0.4%

NASDAQ BGRN opened at $47.01 on Thursday. iShares USD Green Bond ETF has a one year low of $46.73 and a one year high of $48.52. The business’s fifty day moving average is $47.14 and its 200-day moving average is $47.45.

Get iShares USD Green Bond ETF alerts:

iShares USD Green Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.1734 per share. The ex-dividend date was Monday, August 3rd. This is an increase from iShares USD Green Bond ETF’s previous dividend of $0.17.

Institutional Trading of iShares USD Green Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. C M Bidwell & Associates Ltd. purchased a new position in iShares USD Green Bond ETF in the second quarter valued at about $7,864,000. Trust Co. of Vermont purchased a new stake in shares of iShares USD Green Bond ETF during the 2nd quarter worth approximately $77,000. Corepath Wealth Partners LLC purchased a new stake in shares of iShares USD Green Bond ETF during the 2nd quarter worth approximately $287,000. Robinswood Financial LLC bought a new stake in shares of iShares USD Green Bond ETF in the 1st quarter worth approximately $31,000. Finally, Bank of America Corp DE raised its holdings in shares of iShares USD Green Bond ETF by 21.4% in the 1st quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock worth $19,886,000 after purchasing an additional 73,909 shares during the period.

About iShares USD Green Bond ETF

(Get Free Report)

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.

Read More

• Five stocks we like better than iShares USD Green Bond ETF
• Bloom Energy’s AI Surge Meets a Valuation Reality Check
• Target Is Winning Shoppers Back—Can the Rally Reach $180?
• IonQ’s Space Contract Points to a New Frontier for Quantum Investors
• Is Apple’s AI Strategy Smarter Than Skeptics Think?

Receive News & Ratings for iShares USD Green Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares USD Green Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.