iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Stock Short Interest Report for September

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 34,988 shares, an increase of 319.4% from the September 15th total of 8,342 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 52,401 shares, the short-interest ratio is presently 0.7 days.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

LQDH stock traded down $0.07 during mid-day trading on Friday, reaching $92.41. 37,739 shares of the stock traded hands, compared to its average volume of 48,435. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $91.15 and a 52-week high of $94.38. The stock’s fifty day moving average is $92.57 and its 200-day moving average is $92.74.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Destination Wealth Management lifted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% in the 4th quarter. Destination Wealth Management now owns 892,414 shares of the company’s stock valued at $83,307,000 after acquiring an additional 34,888 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.7% in the 1st quarter. Bank of America Corp DE now owns 292,864 shares of the company’s stock worth $27,043,000 after purchasing an additional 10,336 shares during the period. Harbour Wealth Management Group Inc. boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 8.8% in the 1st quarter. Harbour Wealth Management Group Inc. now owns 104,447 shares of the company’s stock worth $9,645,000 after purchasing an additional 8,456 shares during the period. Rockefeller Capital Management L.P. grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 20.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 43,768 shares of the company’s stock worth $4,086,000 after purchasing an additional 7,341 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter worth approximately $577,000.

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.