iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Stock Short Interest Falls 54.3%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 87,300 shares, a drop of 54.3% from the September 30th total of 190,888 shares. Based on an average daily trading volume, of 184,316 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

iShares Aaa – A Rated Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA:QLTA traded up $0.06 during mid-day trading on Friday, reaching $45.90. 105,626 shares of the company traded hands, compared to its average volume of 310,374. The company’s 50 day moving average price is $45.71 and its 200-day moving average price is $47.06. iShares Aaa – A Rated Corporate Bond ETF has a 52 week low of $44.43 and a 52 week high of $48.74.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in QLTA. Signature Equity Partners LLC lifted its holdings in iShares Aaa – A Rated Corporate Bond ETF by 250.0% in the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock worth $26,000 after purchasing an additional 395 shares in the last quarter. IFP Advisors Inc boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 96.3% in the 3rd quarter. IFP Advisors Inc now owns 1,445 shares of the company’s stock worth $65,000 after purchasing an additional 709 shares during the period. Eastern Bank bought a new position in iShares Aaa – A Rated Corporate Bond ETF in the 3rd quarter worth approximately $94,000. PNC Financial Services Group Inc. grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 46.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,818 shares of the company’s stock valued at $134,000 after buying an additional 895 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 1st quarter valued at approximately $139,000.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

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.