Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Expands By 54.8%

iShares USD Green Bond ETF (NASDAQ:BGRNGet Free Report) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 11,300 shares, a growth of 54.8% from the May 15th total of 7,300 shares. Based on an average daily trading volume, of 23,700 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

iShares USD Green Bond ETF Trading Down 0.1%

Shares of BGRN opened at $47.15 on Monday. The firm has a 50-day moving average price of $46.90 and a 200 day moving average price of $46.94. iShares USD Green Bond ETF has a 52-week low of $46.15 and a 52-week high of $48.54.

iShares USD Green Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a $0.1654 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $1.99 dividend on an annualized basis and a yield of 4.21%.

Hedge Funds Weigh In On iShares USD Green Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC bought a new position in iShares USD Green Bond ETF in the 1st quarter valued at about $113,000. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares USD Green Bond ETF in the 4th quarter valued at about $131,000. LRI Investments LLC acquired a new stake in iShares USD Green Bond ETF in the 1st quarter valued at about $147,000. Morton Brown Family Wealth LLC lifted its holdings in iShares USD Green Bond ETF by 59.9% in the 4th quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock valued at $154,000 after acquiring an additional 1,235 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in iShares USD Green Bond ETF by 25.3% in the 4th quarter. Jones Financial Companies Lllp now owns 3,666 shares of the company’s stock valued at $171,000 after acquiring an additional 740 shares during the last quarter.

About iShares USD Green Bond ETF

(Get Free Report)

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.

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