iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Shares Shorted: Short Interest Down 54.3% in October

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 87,300 shares, a drop of 54.3% from the September 30th total of 190,888 shares. Based on an average daily volume of 184,316 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

iShares Aaa – A Rated Corporate Bond ETF Trading Up 0.1%

Shares of iShares Aaa – A Rated Corporate Bond ETF stock traded up $0.06 on Friday, hitting $45.90. 105,626 shares of the company were exchanged, compared to its average volume of 310,374. The company has a 50-day moving average price of $45.71 and a 200 day moving average price of $47.06. iShares Aaa – A Rated Corporate Bond ETF has a 1-year low of $44.43 and a 1-year high of $48.74.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF in the 3rd quarter valued at $2,823,000. Parcion Private Wealth LLC increased its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 5.2% in the 3rd quarter. Parcion Private Wealth LLC now owns 447,984 shares of the company’s stock worth $20,155,000 after acquiring an additional 22,149 shares during the last quarter. Fonville Wealth Management LLC increased its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 0.8% in the 3rd quarter. Fonville Wealth Management LLC now owns 224,640 shares of the company’s stock worth $10,107,000 after acquiring an additional 1,680 shares during the last quarter. Sterling Investment Advisors LLC ADV purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth $8,352,000. Finally, Park Avenue Securities LLC purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth $380,000.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.