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

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 9,000 shares, a growth of 114.3% from the September 15th total of 4,200 shares. Based on an average trading volume of 24,700 shares, the short-interest ratio is presently 0.4 days.

iShares USD Green Bond ETF Price Performance

BGRN remained flat at $47.69 during midday trading on Friday. The company’s stock had a trading volume of 11,906 shares, compared to its average volume of 24,301. The firm has a fifty day simple moving average of $47.97 and a two-hundred day simple moving average of $47.05. iShares USD Green Bond ETF has a 12-month low of $44.18 and a 12-month high of $48.54.

iShares USD Green Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1638 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of iShares USD Green Bond ETF

A number of hedge funds have recently bought and sold shares of BGRN. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares USD Green Bond ETF by 2.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 35,535 shares of the company’s stock valued at $1,654,000 after buying an additional 831 shares during the last quarter. Shotwell Rutter Baer Inc acquired a new position in iShares USD Green Bond ETF in the 2nd quarter valued at approximately $617,000. JFG Wealth Management LLC lifted its position in shares of iShares USD Green Bond ETF by 9.1% in the 2nd quarter. JFG Wealth Management LLC now owns 6,080 shares of the company’s stock worth $283,000 after acquiring an additional 509 shares during the period. Creative Planning grew its holdings in shares of iShares USD Green Bond ETF by 18.1% during the 2nd quarter. Creative Planning now owns 113,001 shares of the company’s stock worth $5,259,000 after purchasing an additional 17,308 shares in the last quarter. Finally, Equita Financial Network Inc. bought a new stake in shares of iShares USD Green Bond ETF during the second quarter valued at approximately $221,000.

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.