iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 200.0% in January

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 28,500 shares, a growth of 200.0% from the December 31st total of 9,500 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is presently 1.2 days.

iShares USD Green Bond ETF Stock Performance

NASDAQ BGRN traded up $0.06 on Thursday, hitting $46.92. 17,358 shares of the company’s stock traded hands, compared to its average volume of 22,145. The firm’s 50-day moving average price is $46.89 and its two-hundred day moving average price is $47.37. iShares USD Green Bond ETF has a 1-year low of $45.73 and a 1-year high of $48.54.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.1676 dividend. This represents a $2.01 annualized dividend and a dividend yield of 4.29%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.16.

Institutional Trading of iShares USD Green Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Omega Financial Group LLC grew its holdings in iShares USD Green Bond ETF by 1.6% in the fourth quarter. Omega Financial Group LLC now owns 16,333 shares of the company’s stock valued at $761,000 after purchasing an additional 262 shares during the period. Dynamic Advisor Solutions LLC grew its stake in iShares USD Green Bond ETF by 1.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 16,301 shares of the company’s stock valued at $760,000 after acquiring an additional 276 shares during the period. Allworth Financial LP increased its holdings in iShares USD Green Bond ETF by 93.2% in the 3rd quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after acquiring an additional 316 shares in the last quarter. Johnson Financial Group LLC raised its position in iShares USD Green Bond ETF by 2.6% during the third quarter. Johnson Financial Group LLC now owns 14,041 shares of the company’s stock worth $679,000 after acquiring an additional 355 shares during the period. Finally, Sachetta LLC raised its position in iShares USD Green Bond ETF by 19.4% during the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock worth $110,000 after acquiring an additional 385 shares during the period.

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.