iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Down 58.8% in May

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,392 shares, a drop of 58.8% from the April 30th total of 8,243 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 6,561 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares Inflation Hedged Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its holdings in iShares Inflation Hedged Corporate Bond ETF by 537.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after buying an additional 4,254 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth approximately $141,000. Bank of America Corp DE lifted its holdings in iShares Inflation Hedged Corporate Bond ETF by 39.3% during the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after buying an additional 2,455 shares in the last quarter. ABLE Financial Group LLC lifted its holdings in iShares Inflation Hedged Corporate Bond ETF by 7.7% during the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock worth $267,000 after buying an additional 722 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth approximately $472,000.

iShares Inflation Hedged Corporate Bond ETF Stock Up 0.3%

BATS:LQDI opened at $26.60 on Friday. The company has a 50 day moving average price of $26.34 and a 200 day moving average price of $26.47. iShares Inflation Hedged Corporate Bond ETF has a fifty-two week low of $25.66 and a fifty-two week high of $27.20.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.