Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Expands By 118.9%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 41,600 shares, a growth of 118.9% from the September 30th total of 19,000 shares. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 1.0 days.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.2%

NYSEARCA LQDH opened at $93.63 on Friday. The business has a 50 day simple moving average of $93.21 and a 200 day simple moving average of $92.43. iShares Interest Rate Hedged Corporate Bond ETF has a one year low of $88.08 and a one year high of $94.44.

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

Large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 145.6% during the first quarter. Bank of New York Mellon Corp now owns 22,688 shares of the company’s stock worth $2,093,000 after purchasing an additional 13,452 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter worth approximately $1,920,000. Janney Montgomery Scott LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 18.3% in the second quarter. Janney Montgomery Scott LLC now owns 24,253 shares of the company’s stock valued at $2,241,000 after acquiring an additional 3,755 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 136.8% in the first quarter. Envestnet Asset Management Inc. now owns 214,183 shares of the company’s stock valued at $19,763,000 after acquiring an additional 123,741 shares during the period. Finally, Cetera Investment Advisers grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 52.4% in the first quarter. Cetera Investment Advisers now owns 10,532 shares of the company’s stock valued at $972,000 after acquiring an additional 3,621 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.