iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 33.3% in March

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 5,200 shares, a growth of 33.3% from the March 15th total of 3,900 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 27,900 shares, the short-interest ratio is presently 0.2 days.

iShares USD Green Bond ETF Price Performance

NASDAQ:BGRN traded down $0.12 on Friday, reaching $46.79. The company’s stock had a trading volume of 10,277 shares, compared to its average volume of 24,807. iShares USD Green Bond ETF has a 12-month low of $45.73 and a 12-month high of $48.54. The stock has a 50 day moving average price of $47.04 and a 200 day moving average price of $47.06.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.1708 dividend. This is a positive change from iShares USD Green Bond ETF’s previous dividend of $0.17. The ex-dividend date was Tuesday, April 1st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Trust Co. of Vermont acquired a new position in shares of iShares USD Green Bond ETF in the 4th quarter worth approximately $78,000. Sachetta LLC raised its position in iShares USD Green Bond ETF by 19.4% in the fourth quarter. Sachetta LLC now owns 2,370 shares of the company’s stock valued at $110,000 after purchasing an additional 385 shares during the period. Parallel Advisors LLC acquired a new position in iShares USD Green Bond ETF during the first quarter worth $113,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares USD Green Bond ETF during the fourth quarter worth $131,000. Finally, Morton Brown Family Wealth LLC grew its stake in shares of iShares USD Green Bond ETF by 59.9% in the fourth quarter. Morton Brown Family Wealth LLC now owns 3,298 shares of the company’s stock valued at $154,000 after buying an additional 1,235 shares in the last quarter.

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.