iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Down 69.4% in June

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 10,679 shares, a decline of 69.4% from the May 31st total of 34,929 shares. Based on an average daily trading volume, of 42,271 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management purchased a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third quarter valued at approximately $201,000. Private Trust Co. NA raised its holdings in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 1st quarter worth approximately $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

Shares of LQDW opened at $24.07 on Friday. The firm’s 50-day simple moving average is $23.95 and its two-hundred day simple moving average is $24.29. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a fifty-two week low of $23.60 and a fifty-two week high of $25.60.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.