iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Up 1,313.6% in May

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 34,929 shares, a growth of 1,313.6% from the May 14th total of 2,471 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 69,163 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

Several large investors have recently modified their holdings of the business. Triumph Capital Management bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 3rd quarter valued at approximately $201,000. Private Trust Co. NA lifted its holdings in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% during the fourth quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock valued at $285,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the first quarter valued at approximately $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Up 0.1%

Shares of BATS LQDW traded up $0.03 during trading hours on Tuesday, hitting $23.80. The company’s stock had a trading volume of 85,012 shares, compared to its average volume of 64,051. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 12 month low of $23.60 and a 12 month high of $25.60. The business has a 50-day simple moving average of $23.97 and a 200-day simple moving average of $24.37.

About iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

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.