iShares USD Green Bond ETF (NASDAQ:BGRN) Stock Short Interest Climbs 10,049.9%

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 79,068 shares, an increase of 10,049.9% from the October 15th total of 779 shares. Based on an average daily trading volume, of 45,766 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Several large investors have recently made changes to their positions in BGRN. Atomic Invest LLC boosted its position in shares of iShares USD Green Bond ETF by 2,991.3% during the 2nd quarter. Atomic Invest LLC now owns 133,296 shares of the company’s stock valued at $6,352,000 after acquiring an additional 128,984 shares during the last quarter. C M Bidwell & Associates Ltd. bought a new position in iShares USD Green Bond ETF during the second quarter valued at $7,864,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in iShares USD Green Bond ETF during the second quarter valued at $25,252,000. Bank of America Corp DE grew its stake in shares of iShares USD Green Bond ETF by 21.4% in the 1st quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock worth $19,886,000 after buying an additional 73,909 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of iShares USD Green Bond ETF in the 3rd quarter worth $2,133,000.

iShares USD Green Bond ETF Stock Up 0.0%

BGRN opened at $46.11 on Thursday. iShares USD Green Bond ETF has a fifty-two week low of $45.38 and a fifty-two week high of $48.42. The company has a fifty day moving average of $46.04 and a 200 day moving average of $47.08.

iShares USD Green Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1798 per share. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares USD Green Bond ETF’s previous monthly dividend of $0.1666. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.7%.

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. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.