iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Down 48.1% in January

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 21,065 shares, a decrease of 48.1% from the January 15th total of 40,591 shares. Based on an average daily trading volume, of 23,425 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 23,425 shares, the short-interest ratio is presently 0.9 days.

iShares USD Green Bond ETF Stock Up 0.2%

NASDAQ BGRN opened at $48.26 on Friday. iShares USD Green Bond ETF has a 52 week low of $46.15 and a 52 week high of $48.52. The company has a fifty day moving average of $47.99 and a two-hundred day moving average of $48.01.

iShares USD Green Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1697 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of iShares USD Green Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Plum Street Advisors LLC boosted its position in shares of iShares USD Green Bond ETF by 5.5% during the fourth quarter. Plum Street Advisors LLC now owns 46,696 shares of the company’s stock valued at $2,238,000 after buying an additional 2,432 shares during the period. Stifel Financial Corp lifted its stake in shares of iShares USD Green Bond ETF by 7.4% during the 4th quarter. Stifel Financial Corp now owns 6,441 shares of the company’s stock worth $309,000 after acquiring an additional 443 shares during the last quarter. Livet Wealth LLC purchased a new position in iShares USD Green Bond ETF during the 4th quarter valued at $807,000. Commonwealth Equity Services LLC boosted its holdings in iShares USD Green Bond ETF by 2.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 37,388 shares of the company’s stock valued at $1,792,000 after acquiring an additional 1,045 shares during the period. Finally, Zevin Asset Management LLC bought a new position in iShares USD Green Bond ETF in the 4th quarter valued at $1,781,000.

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