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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 12,600 shares, a growth of 40.0% from the September 30th total of 9,000 shares. Based on an average daily trading volume, of 24,400 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares USD Green Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BGRN. Allworth Financial LP increased its stake in shares of iShares USD Green Bond ETF by 93.2% during the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock valued at $32,000 after purchasing an additional 316 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of iShares USD Green Bond ETF during the first quarter valued at approximately $36,000. Sanctuary Advisors LLC bought a new position in shares of iShares USD Green Bond ETF during the second quarter valued at approximately $207,000. Equita Financial Network Inc. bought a new position in shares of iShares USD Green Bond ETF during the second quarter valued at approximately $221,000. Finally, First National Corp MA ADV bought a new position in shares of iShares USD Green Bond ETF during the third quarter valued at approximately $249,000.

iShares USD Green Bond ETF Stock Performance

BGRN traded up $0.04 on Monday, hitting $47.38. The company had a trading volume of 18,717 shares, compared to its average volume of 23,913. iShares USD Green Bond ETF has a 52-week low of $44.36 and a 52-week high of $48.54. The stock has a fifty day simple moving average of $47.98 and a 200-day simple moving average of $47.12.

iShares USD Green Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1638 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.