iShares USD Green Bond ETF (NASDAQ:BGRN) Short Interest Down 11.8% in November

iShares USD Green Bond ETF (NASDAQ:BGRN) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 16,400 shares, a drop of 11.8% from the November 15th total of 18,600 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of iShares USD Green Bond ETF

Large investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its holdings in iShares USD Green Bond ETF by 93.2% during the third quarter. Allworth Financial LP now owns 655 shares of the company’s stock worth $32,000 after buying an additional 316 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in iShares USD Green Bond ETF by 102.9% during the third quarter. Richardson Financial Services Inc. now owns 1,548 shares of the company’s stock worth $73,000 after buying an additional 785 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares USD Green Bond ETF during the second quarter worth approximately $207,000. Equita Financial Network Inc. bought a new stake in iShares USD Green Bond ETF during the second quarter worth approximately $221,000. Finally, First National Corp MA ADV bought a new stake in iShares USD Green Bond ETF during the third quarter worth approximately $249,000.

iShares USD Green Bond ETF Price Performance

Shares of NASDAQ BGRN traded up $0.09 during mid-day trading on Monday, reaching $47.15. 491 shares of the company traded hands, compared to its average volume of 24,045. iShares USD Green Bond ETF has a fifty-two week low of $45.73 and a fifty-two week high of $48.54. The stock has a fifty day simple moving average of $47.37 and a 200-day simple moving average of $47.38.

iShares USD Green Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.1638 per share. This is a boost from iShares USD Green Bond ETF’s previous dividend of $0.16. The ex-dividend date was Monday, December 2nd.

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.