iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Short Interest Update

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 203,121 shares, an increase of 1,020.4% from the March 31st total of 18,130 shares. Based on an average daily volume of 245,152 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QLTA. Measured Wealth Private Client Group LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the third quarter valued at $34,000. Palladiem LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter valued at about $35,000. WealthShield Partners LLC purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter valued at about $48,000. Bogart Wealth LLC purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter valued at about $59,000. Finally, Steward Partners Investment Advisory LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 184.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,232 shares of the company’s stock worth $59,000 after purchasing an additional 799 shares in the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

Shares of NYSEARCA:QLTA traded up $0.05 during trading on Friday, hitting $47.81. 752,018 shares of the stock traded hands, compared to its average volume of 378,377. The company has a fifty day moving average price of $47.89 and a two-hundred day moving average price of $48.18. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $46.39 and a 52-week high of $49.02.

About iShares Aaa – A Rated Corporate Bond ETF

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.