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

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

iShares USD Green Bond ETF Stock Down 0.4%

iShares USD Green Bond ETF stock traded down $0.18 during trading on Tuesday, reaching $46.10. 57,454 shares of the company’s stock were exchanged, compared to its average volume of 34,142. iShares USD Green Bond ETF has a 52-week low of $45.38 and a 52-week high of $48.42. The company’s 50-day moving average is $46.06 and its two-hundred day moving average is $47.10.

iShares USD Green Bond ETF Increases Dividend

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

Institutional Investors Weigh In On iShares USD Green Bond ETF

Large investors have recently modified their holdings of the stock. HighTower Advisors LLC purchased a new position in shares of iShares USD Green Bond ETF during the 3rd quarter valued at approximately $896,000. Kestra Advisory Services LLC grew its position in shares of iShares USD Green Bond ETF by 56.9% during the third quarter. Kestra Advisory Services LLC now owns 10,935 shares of the company’s stock worth $499,000 after buying an additional 3,967 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of iShares USD Green Bond ETF during the third quarter worth approximately $1,927,000. Invera Wealth Advisors LLC grew its position in shares of iShares USD Green Bond ETF by 19.9% during the third quarter. Invera Wealth Advisors LLC now owns 30,959 shares of the company’s stock worth $1,412,000 after buying an additional 5,132 shares in the last quarter. Finally, Aprio Wealth Management LLC increased its stake in shares of iShares USD Green Bond ETF by 5.9% in the third quarter. Aprio Wealth Management LLC now owns 10,225 shares of the company’s stock worth $466,000 after buying an additional 569 shares during 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.