iShares USD Green Bond ETF (NASDAQ:BGRN) Shares Shorted: Short Interest Up 10,049.9% in October

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 79,068 shares, a growth of 10,049.9% from the October 15th total of 779 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 45,766 shares, the short-interest ratio is presently 1.7 days.

iShares USD Green Bond ETF Price Performance

iShares USD Green Bond ETF stock opened at $46.10 on Wednesday. iShares USD Green Bond ETF has a one year low of $45.38 and a one year high of $48.42. The company’s fifty day moving average price is $46.04 and its two-hundred day moving average price is $47.09.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a $0.1798 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares USD Green Bond ETF’s previous monthly dividend of $0.1666.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Atomic Invest LLC grew its holdings in iShares USD Green Bond ETF by 2,991.3% during the second quarter. Atomic Invest LLC now owns 133,296 shares of the company’s stock valued at $6,352,000 after purchasing an additional 128,984 shares during the last quarter. C M Bidwell & Associates Ltd. bought a new position in shares of iShares USD Green Bond ETF in the second quarter valued at approximately $7,864,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in shares of iShares USD Green Bond ETF in the second quarter valued at approximately $25,252,000. Bank of America Corp DE raised its position in shares of iShares USD Green Bond ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock valued at $19,886,000 after purchasing an additional 73,909 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of iShares USD Green Bond ETF in the third quarter worth $2,133,000.

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.