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

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 17,500 shares, a growth of 264.6% from the February 13th total of 4,800 shares. Based on an average daily trading volume, of 27,100 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of iShares USD Green Bond ETF

Several large investors have recently added to or reduced their stakes in BGRN. Trust Co. of Vermont acquired a new position in shares of iShares USD Green Bond ETF during the fourth quarter worth about $78,000. Sachetta LLC raised its holdings in shares of iShares USD Green Bond ETF by 19.4% during the 4th quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after buying an additional 385 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in iShares USD Green Bond ETF during the 4th quarter worth approximately $131,000. Morton Brown Family Wealth LLC boosted its holdings in iShares USD Green Bond ETF by 59.9% in the 4th quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock worth $154,000 after acquiring an additional 1,235 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares USD Green Bond ETF by 25.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,666 shares of the company’s stock valued at $171,000 after acquiring an additional 740 shares in the last quarter.

iShares USD Green Bond ETF Trading Down 0.1 %

BGRN opened at $47.04 on Thursday. iShares USD Green Bond ETF has a 52-week low of $45.73 and a 52-week high of $48.54. The company has a 50 day moving average of $46.84 and a two-hundred day moving average of $47.29.

iShares USD Green Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1663 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares USD Green Bond ETF

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.