iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Up 58.2% in January

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 37,883 shares, a growth of 58.2% from the January 15th total of 23,952 shares. Based on an average daily trading volume, of 119,051 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 119,051 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of iShares Interest Rate Hedged Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in LQDH. Kestra Advisory Services LLC acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth $119,000. Transamerica Financial Advisors LLC boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 6,740 shares of the company’s stock worth $629,000 after buying an additional 526 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 24.3% in the 4th quarter. Jane Street Group LLC now owns 19,372 shares of the company’s stock valued at $1,808,000 after acquiring an additional 3,788 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at about $272,000. Finally, Bank of Montreal Can raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 3.7% during the fourth quarter. Bank of Montreal Can now owns 57,341 shares of the company’s stock worth $5,353,000 after acquiring an additional 2,036 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA LQDH traded up $0.02 on Friday, reaching $93.13. The company had a trading volume of 41,646 shares, compared to its average volume of 87,288. The company’s fifty day moving average is $93.54 and its 200-day moving average is $93.25. iShares Interest Rate Hedged Corporate Bond ETF has a 1-year low of $88.08 and a 1-year high of $94.44.

About iShares Interest Rate Hedged Corporate Bond ETF

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.