iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Stock Short Interest Falls 99.5%

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60 shares, a drop of 99.5% from the August 31st total of 11,440 shares. Based on an average trading volume of 17,098 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in LQDI. Ameritas Advisory Services LLC increased its stake in iShares Inflation Hedged Corporate Bond ETF by 566.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 257,513 shares of the company’s stock valued at $6,768,000 after buying an additional 218,855 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Inflation Hedged Corporate Bond ETF by 5.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 355,942 shares of the company’s stock worth $9,355,000 after acquiring an additional 18,936 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares Inflation Hedged Corporate Bond ETF by 126.2% in the first quarter. Bank of America Corp DE now owns 18,281 shares of the company’s stock valued at $478,000 after purchasing an additional 10,199 shares during the period. NewEdge Advisors LLC lifted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock valued at $2,263,000 after buying an additional 1,186 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% during the 1st quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after buying an additional 3,901 shares in the last quarter.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

LQDI stock traded down $0.20 during midday trading on Thursday, reaching $25.01. 6,938 shares of the company’s stock traded hands, compared to its average volume of 9,549. iShares Inflation Hedged Corporate Bond ETF has a 52 week low of $25.01 and a 52 week high of $27.19. The firm’s fifty day moving average price is $25.70 and its 200-day moving average price is $26.09.

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.