iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Sees Significant Drop in Short Interest

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,641 shares, a decline of 51.6% from the May 14th total of 3,392 shares. Based on an average trading volume of 6,292 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

iShares Inflation Hedged Corporate Bond ETF Trading Up 0.3%

Shares of iShares Inflation Hedged Corporate Bond ETF stock opened at $26.41 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 52 week low of $25.75 and a 52 week high of $27.20. The firm has a fifty day moving average of $26.41 and a two-hundred day moving average of $26.46.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several hedge funds have recently bought and sold shares of LQDI. ABLE Financial Group LLC raised its position in shares of iShares Inflation Hedged Corporate Bond ETF by 7.7% in the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock valued at $267,000 after buying an additional 722 shares in the last quarter. Kestra Advisory Services LLC raised its position in iShares Inflation Hedged Corporate Bond ETF by 3.3% during the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock valued at $696,000 after purchasing an additional 846 shares in the last quarter. NewEdge Advisors LLC raised its position in iShares Inflation Hedged Corporate Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock valued at $2,263,000 after purchasing an additional 1,186 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 39.3% during the third quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after purchasing an additional 2,455 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% in the 1st quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after purchasing an additional 3,901 shares in the last quarter.

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.