iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Down 74.0% in August

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 128 shares, a decrease of 74.0% from the July 30th total of 493 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 870 shares, the short-interest ratio is presently 0.1 days.

iShares BBB Rated Corporate Bond ETF Trading Down 0.3%

Shares of NYSEARCA:LQDB traded down $0.23 during midday trading on Friday, hitting $84.89. 647 shares of the stock were exchanged, compared to its average volume of 4,388. iShares BBB Rated Corporate Bond ETF has a twelve month low of $84.46 and a twelve month high of $88.86. The company has a 50 day moving average price of $85.31 and a 200-day moving average price of $86.15.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC grew its position in shares of iShares BBB Rated Corporate Bond ETF by 1.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock valued at $656,000 after purchasing an additional 125 shares during the last quarter. Harbour Investments Inc. raised its position in shares of iShares BBB Rated Corporate Bond ETF by 146.0% during the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock worth $86,000 after purchasing an additional 584 shares during the last quarter. Citadel Advisors LLC raised its position in shares of iShares BBB Rated Corporate Bond ETF by 8.2% during the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after purchasing an additional 1,706 shares during the last quarter. Royal Bank of Canada purchased a new stake in iShares BBB Rated Corporate Bond ETF in the 1st quarter valued at approximately $334,000. Finally, Jane Street Group LLC lifted its stake in iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock valued at $2,488,000 after buying an additional 8,433 shares in the last quarter.

iShares BBB Rated Corporate Bond ETF Company Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.