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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 5,200 shares, an increase of 33.3% from the March 15th total of 3,900 shares. Based on an average daily trading volume, of 27,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares USD Green Bond ETF Trading Down 0.3 %

Shares of NASDAQ BGRN traded down $0.12 during mid-day trading on Friday, reaching $46.79. The company had a trading volume of 10,277 shares, compared to its average volume of 24,807. The firm has a 50 day simple moving average of $47.04 and a two-hundred day simple moving average of $47.06. iShares USD Green Bond ETF has a 52-week low of $45.73 and a 52-week high of $48.54.

iShares USD Green Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1708 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.17.

Institutional Trading of iShares USD Green Bond ETF

Large investors have recently made changes to their positions in the company. Trust Co. of Vermont acquired a new position in iShares USD Green Bond ETF during the fourth quarter worth approximately $78,000. Sachetta LLC increased its holdings in shares of iShares USD Green Bond ETF by 19.4% in the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after acquiring an additional 385 shares during the period. Parallel Advisors LLC acquired a new position in shares of iShares USD Green Bond ETF in the 1st quarter valued at $113,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares USD Green Bond ETF in the 4th quarter valued at $131,000. Finally, Morton Brown Family Wealth LLC boosted its stake in shares of iShares USD Green Bond ETF by 59.9% during the fourth quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock worth $154,000 after buying an additional 1,235 shares during the period.

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.