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

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 16,300 shares, a growth of 48.2% from the May 15th total of 11,000 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is currently 0.7 days.

iShares USD Green Bond ETF Trading Up 0.2 %

BGRN stock traded up $0.08 during trading on Friday, reaching $46.87. 7,989 shares of the company’s stock were exchanged, compared to its average volume of 24,209. iShares USD Green Bond ETF has a 1-year low of $44.18 and a 1-year high of $47.36. The company’s fifty day moving average price is $46.30 and its 200-day moving average price is $46.59.

iShares USD Green Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.1563 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.88 dividend on an annualized basis and a yield of 4.00%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Richardson Financial Services Inc. bought a new stake in shares of iShares USD Green Bond ETF in the 1st quarter worth $36,000. Sachetta LLC bought a new stake in shares of iShares USD Green Bond ETF in the 4th quarter worth $92,000. Morton Brown Family Wealth LLC raised its stake in shares of iShares USD Green Bond ETF by 30.3% in the 1st quarter. Morton Brown Family Wealth LLC now owns 2,119 shares of the company’s stock worth $99,000 after buying an additional 493 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of iShares USD Green Bond ETF in the 4th quarter worth $143,000. Finally, Clarity Asset Management Inc. bought a new stake in shares of iShares USD Green Bond ETF in the 4th quarter worth $172,000.

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.