Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Grows By 776.7%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,604 shares, an increase of 776.7% from the July 15th total of 1,894 shares. Based on an average trading volume of 60,916 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NBT Bank N A NY raised its position in iShares Interest Rate Hedged Corporate Bond ETF by 340.9% in the 1st quarter. NBT Bank N A NY now owns 410 shares of the company’s stock valued at $38,000 after purchasing an additional 317 shares during the last quarter. Harbor Asset Planning Inc. acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at $42,000. Signature Equity Partners LLC increased its stake in iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the first quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after purchasing an additional 181 shares during the period. Western Wealth Management LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the first quarter valued at about $95,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at about $119,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.1%

Shares of LQDH traded up $0.08 during midday trading on Thursday, reaching $92.43. 5,315 shares of the stock were exchanged, compared to its average volume of 50,479. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $91.15 and a twelve month high of $94.38. The business’s 50-day moving average price is $92.79 and its 200 day moving average price is $92.82.

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.