iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 940.6% in May

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a large growth in short interest during the month of May. As of May 28th, there was short interest totalling 238,300 shares, a growth of 940.6% from the May 13th total of 22,900 shares. Based on an average daily volume of 313,300 shares, the short-interest ratio is currently 0.8 days.

Shares of NASDAQ:SLQD traded up $0.01 on Friday, hitting $51.94. 2,100 shares of the company were exchanged, compared to its average volume of 343,184. The firm’s 50 day moving average price is $51.86. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $51.61 and a one year high of $52.30.

A number of hedge funds have recently added to or reduced their stakes in SLQD. Vantage Consulting Group Inc acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $25,000. Wealthcare Advisory Partners LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the first quarter worth $28,000. Hanson & Doremus Investment Management bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at $31,000. Arkadios Wealth Advisors raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 127.0% in the 1st quarter. Arkadios Wealth Advisors now owns 681 shares of the company’s stock valued at $35,000 after buying an additional 381 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 67.7% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 988 shares of the company’s stock valued at $51,000 after buying an additional 399 shares in the last quarter.

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