iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Short Interest Update

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 64,095 shares, a drop of 68.4% from the April 15th total of 203,121 shares. Based on an average trading volume of 825,448 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

Shares of NYSEARCA:QLTA opened at $47.08 on Friday. iShares Aaa – A Rated Corporate Bond ETF has a 12 month low of $46.39 and a 12 month high of $49.02. The company’s fifty day simple moving average is $47.61 and its 200 day simple moving average is $48.06.

Institutional Investors Weigh In On iShares Aaa – A Rated Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QLTA. NewEdge Advisors LLC raised its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 111.5% during the first quarter. NewEdge Advisors LLC now owns 22,735 shares of the company’s stock worth $1,081,000 after acquiring an additional 11,984 shares during the period. Goldman Sachs Group Inc. acquired a new stake in iShares Aaa – A Rated Corporate Bond ETF in the 1st quarter valued at $14,357,000. Guggenheim Capital LLC increased its stake in iShares Aaa – A Rated Corporate Bond ETF by 122.8% in the 2nd quarter. Guggenheim Capital LLC now owns 17,058 shares of the company’s stock valued at $816,000 after buying an additional 9,403 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in iShares Aaa – A Rated Corporate Bond ETF by 4.2% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,099 shares of the company’s stock valued at $866,000 after buying an additional 732 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Aaa – A Rated Corporate Bond ETF by 36.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 412,430 shares of the company’s stock valued at $19,726,000 after buying an additional 110,606 shares during the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.