Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Decreases By 38.4%

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 7,700 shares, a decrease of 38.4% from the March 31st total of 12,500 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 0.3 days.

iShares USD Green Bond ETF Stock Up 0.3 %

iShares USD Green Bond ETF stock traded up $0.14 during mid-day trading on Friday, reaching $45.96. The company’s stock had a trading volume of 16,225 shares, compared to its average volume of 25,910. iShares USD Green Bond ETF has a 12 month low of $44.18 and a 12 month high of $47.38. The business’s 50 day simple moving average is $46.48 and its 200 day simple moving average is $46.22.

iShares USD Green Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.1504 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Trading of iShares USD Green Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sheets Smith Wealth Management bought a new position in iShares USD Green Bond ETF in the third quarter valued at approximately $91,000. Sachetta LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 4th quarter valued at approximately $92,000. Morton Brown Family Wealth LLC grew its stake in shares of iShares USD Green Bond ETF by 30.3% in the first quarter. Morton Brown Family Wealth LLC now owns 2,119 shares of the company’s stock valued at $99,000 after buying an additional 493 shares in the last quarter. Principal Securities Inc. acquired a new position in iShares USD Green Bond ETF during the fourth quarter worth $143,000. Finally, Clarity Asset Management Inc. bought a new stake in iShares USD Green Bond ETF during the fourth quarter worth $172,000.

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.