iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 283.3% in March

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 176,700 shares, a growth of 283.3% from the February 28th total of 46,100 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 262,700 shares, the short-interest ratio is currently 0.7 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $50.23. The stock had a trading volume of 6,777 shares, compared to its average volume of 221,530. The firm’s 50 day moving average is $50.00 and its 200 day moving average is $49.98. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $48.70 and a one year high of $50.46.

iShares 0-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1673 per share. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. Atlas Capital Advisors Inc. purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $70,000. BNP Paribas Financial Markets lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the third quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock worth $137,000 after buying an additional 1,006 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $140,000. Sunbelt Securities Inc. increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.0% in the 4th quarter. Sunbelt Securities Inc. now owns 3,354 shares of the company’s stock worth $167,000 after acquiring an additional 627 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $209,000.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.