iShares USD Green Bond ETF (NASDAQ:BGRN) Shares Shorted: Short Interest Down 82.0% in October

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 779 shares, a decrease of 82.0% from the September 30th total of 4,335 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 61,933 shares, the short-interest ratio is currently 0.0 days.

iShares USD Green Bond ETF Price Performance

Shares of BGRN stock traded up $0.02 on Tuesday, hitting $46.12. 6,628 shares of the company’s stock were exchanged, compared to its average volume of 33,517. The company has a 50 day moving average of $46.23 and a 200 day moving average of $47.20. iShares USD Green Bond ETF has a 12 month low of $45.38 and a 12 month high of $48.51.

iShares USD Green Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1742 dividend. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.1679. This represents a $2.09 annualized dividend and a yield of 4.5%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Atomic Invest LLC increased its stake in iShares USD Green Bond ETF by 2,991.3% during the 2nd 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 in 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 $7,864,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of iShares USD Green Bond ETF during the second quarter valued at about $25,252,000. Bank of America Corp DE increased its position in shares of iShares USD Green Bond ETF by 21.4% during the first quarter. Bank of America Corp DE now owns 418,909 shares of the company’s stock worth $19,886,000 after acquiring an additional 73,909 shares in the last quarter. Finally, Impact Investors Inc increased its position in shares of iShares USD Green Bond ETF by 11.1% during the first quarter. Impact Investors Inc now owns 169,667 shares of the company’s stock worth $8,054,000 after acquiring an additional 16,888 shares in the last quarter.

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.