iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Update

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 20,500 shares, a growth of 70.8% from the February 29th total of 12,000 shares. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Live Oak Investment Partners bought a new stake in shares of iShares USD Green Bond ETF in the 4th quarter worth $42,000. Sachetta LLC bought a new position in shares of iShares USD Green Bond ETF in the fourth quarter valued at approximately $92,000. Sheets Smith Wealth Management purchased a new stake in shares of iShares USD Green Bond ETF during the third quarter valued at approximately $91,000. Principal Securities Inc. bought a new stake in iShares USD Green Bond ETF during the fourth quarter worth $143,000. Finally, Clarity Asset Management Inc. purchased a new position in iShares USD Green Bond ETF in the fourth quarter worth $172,000.

iShares USD Green Bond ETF Trading Down 0.1 %

Shares of BGRN traded down $0.05 on Thursday, reaching $46.89. The company’s stock had a trading volume of 30,292 shares, compared to its average volume of 24,388. iShares USD Green Bond ETF has a twelve month low of $44.18 and a twelve month high of $47.49. The firm has a fifty day moving average of $46.72 and a 200-day moving average of $46.07.

iShares USD Green Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were issued a $0.1483 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.80%.

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.