Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) Sees Large Decline in Short Interest

Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 655 shares, a decrease of 61.0% from the August 31st total of 1,678 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 819 shares, the days-to-cover ratio is presently 0.8 days.

Janus Henderson Corporate Bond ETF Trading Down 0.6%

JLQD traded down $0.24 during trading hours on Monday, hitting $39.15. The stock had a trading volume of 1,017 shares, compared to its average volume of 514. Janus Henderson Corporate Bond ETF has a 1 year low of $39.13 and a 1 year high of $42.71. The company’s fifty day simple moving average is $40.25 and its 200 day simple moving average is $40.90.

Hedge Funds Weigh In On Janus Henderson Corporate Bond ETF

A hedge fund recently raised its position in Janus Henderson Corporate Bond ETF stock. Envestnet Asset Management Inc. grew its holdings in Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) by 25.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,651 shares of the company’s stock after purchasing an additional 3,362 shares during the period. Envestnet Asset Management Inc. owned approximately 4.16% of Janus Henderson Corporate Bond ETF worth $687,000 at the end of the most recent quarter.

Janus Henderson Corporate Bond ETF Company Profile

The Janus Henderson Corporate Bond ETF (JLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in USD-denominated corporate bonds and commercial paper across various credit qualities and maturities. The fund selects investments through a combination of bottom-up fundamental analysis and top-down macroeconomic evaluation. JLQD was launched on Sep 8, 2021 and is issued by Janus Henderson.