iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Update

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 579 shares, a growth of 865.0% from the September 15th total of 60 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 9,032 shares, the days-to-cover ratio is currently 0.1 days.

iShares Inflation Hedged Corporate Bond ETF Price Performance

LQDI traded down $0.02 during midday trading on Friday, reaching $24.90. 9,415 shares of the company were exchanged, compared to its average volume of 9,443. iShares Inflation Hedged Corporate Bond ETF has a one year low of $24.64 and a one year high of $27.19. The stock’s 50-day simple moving average is $25.47 and its 200 day simple moving average is $25.99.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Inflation Hedged Corporate Bond ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 355,942 shares of the company’s stock worth $9,355,000 after purchasing an additional 18,936 shares in the last quarter. Ameritas Advisory Services LLC increased its position in shares of 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 in the last quarter. Cetera Investment Advisers increased its position 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 buying an additional 3,901 shares in the last quarter. NewEdge Advisors LLC raised its stake in 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 worth $2,263,000 after buying an additional 1,186 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings 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 worth $696,000 after acquiring an additional 846 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.