iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 142.3% in May

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 66,033 shares, an increase of 142.3% from the May 14th total of 27,254 shares. Based on an average trading volume of 26,340 shares, the short-interest ratio is presently 2.5 days. Approximately 0.7% of the shares of the company are short sold.

iShares USD Green Bond ETF Stock Down 0.0%

Shares of BGRN stock traded down $0.02 during trading hours on Friday, reaching $47.41. The stock had a trading volume of 16,934 shares, compared to its average volume of 28,602. iShares USD Green Bond ETF has a twelve month low of $46.96 and a twelve month high of $48.52. The firm has a 50-day simple moving average of $47.44 and a 200-day simple moving average of $47.76.

iShares USD Green Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.1725 dividend. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

Institutional Trading of iShares USD Green Bond ETF

A number of large investors have recently modified their holdings of BGRN. Allworth Financial LP increased its holdings in shares of iShares USD Green Bond ETF by 429.4% in the 4th quarter. Allworth Financial LP now owns 630 shares of the company’s stock worth $30,000 after acquiring an additional 511 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 4th quarter worth about $31,000. Robinswood Financial LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 1st quarter worth about $31,000. WFA of San Diego LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 2nd quarter worth about $64,000. Finally, Advisory Services Network LLC acquired a new stake in shares of iShares USD Green Bond ETF in the 3rd quarter worth about $85,000.

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