Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Expands By 264.6%

iShares USD Green Bond ETF (NASDAQ:BGRN) saw 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 trading volume of 27,100 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BGRN. Vontobel Holding Ltd. raised its position in iShares USD Green Bond ETF by 5.0% in the 4th quarter. Vontobel Holding Ltd. now owns 13,772 shares of the company’s stock valued at $642,000 after purchasing an additional 650 shares in the last quarter. Principal Securities Inc. boosted its position in shares of iShares USD Green Bond ETF by 65.5% in the 4th quarter. Principal Securities Inc. now owns 6,910 shares of the company’s stock valued at $322,000 after purchasing an additional 2,735 shares during the period. Walkner Condon Financial Advisors LLC boosted its holdings in shares of iShares USD Green Bond ETF by 2.7% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,208 shares of the company’s stock valued at $1,035,000 after acquiring an additional 592 shares during the period. Trust Co. of Vermont acquired a new stake in iShares USD Green Bond ETF during the 4th quarter worth $78,000. Finally, Empower Advisory Group LLC grew its holdings in shares of iShares USD Green Bond ETF by 0.8% during the third quarter. Empower Advisory Group LLC now owns 954,740 shares of the company’s stock worth $46,152,000 after buying an additional 7,528 shares during the last quarter.

iShares USD Green Bond ETF Stock Performance

iShares USD Green Bond ETF stock opened at $47.08 on Friday. iShares USD Green Bond ETF has a 12 month low of $45.73 and a 12 month high of $48.54. The business has a 50 day simple moving average of $46.86 and a 200-day simple moving average of $47.29.

iShares USD Green Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders 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.

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.