iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Up 313.3% in November

iShares USD Green Bond ETF (NASDAQ:BGRN) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 18,600 shares, an increase of 313.3% from the October 31st total of 4,500 shares. Based on an average trading volume of 24,500 shares, the short-interest ratio is currently 0.8 days.

iShares USD Green Bond ETF Price Performance

NASDAQ BGRN traded up $0.16 during trading hours on Thursday, reaching $47.48. The company’s stock had a trading volume of 11,437 shares, compared to its average volume of 24,145. iShares USD Green Bond ETF has a fifty-two week low of $45.67 and a fifty-two week high of $48.54. The company’s 50-day moving average is $47.57 and its two-hundred day moving average is $47.30.

iShares USD Green Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1633 per share. The ex-dividend date was Friday, November 1st. This represents a $1.96 annualized dividend and a dividend yield of 4.13%.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Several hedge funds have recently modified their holdings of the company. Empower Advisory Group LLC boosted its stake in shares of iShares USD Green Bond ETF by 0.8% during the 3rd quarter. Empower Advisory Group LLC now owns 954,740 shares of the company’s stock worth $46,152,000 after purchasing an additional 7,528 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares USD Green Bond ETF by 16.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock worth $23,465,000 after purchasing an additional 69,552 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares USD Green Bond ETF by 17.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock worth $19,625,000 after purchasing an additional 63,874 shares during the last quarter. Francis Financial Inc. boosted its stake in shares of iShares USD Green Bond ETF by 4.9% during the 3rd quarter. Francis Financial Inc. now owns 342,416 shares of the company’s stock worth $16,552,000 after purchasing an additional 16,104 shares during the last quarter. Finally, Creative Planning boosted its stake in shares of iShares USD Green Bond ETF by 1.8% during the 3rd quarter. Creative Planning now owns 115,079 shares of the company’s stock worth $5,563,000 after purchasing an additional 2,078 shares during 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.