iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Short Interest Update

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 63,209,547 shares, a growth of 39.9% from the December 31st total of 45,175,603 shares. Based on an average trading volume of 29,056,402 shares, the short-interest ratio is currently 2.2 days. Approximately 25.7% of the shares of the company are short sold. Approximately 25.7% of the shares of the company are short sold. Based on an average trading volume of 29,056,402 shares, the short-interest ratio is currently 2.2 days.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1%

LQD traded down $0.11 during trading on Friday, reaching $110.57. 39,631,412 shares of the company were exchanged, compared to its average volume of 32,284,465. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $103.45 and a 12-month high of $112.93. The company’s 50-day moving average is $110.72 and its two-hundred day moving average is $110.70. The company has a market cap of $27.93 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46.

Institutional Trading of iShares iBoxx $ Investment Grade Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Innealta Capital LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.1% in the 4th quarter. Innealta Capital LLC now owns 9,214 shares of the exchange traded fund’s stock worth $1,015,000 after buying an additional 529 shares during the last quarter. Bogart Wealth LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 288.3% in the fourth quarter. Bogart Wealth LLC now owns 1,157 shares of the exchange traded fund’s stock worth $127,000 after acquiring an additional 859 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at $109,000. Ares Financial Consulting LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at about $51,000. Finally, Finhabits Advisors LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth about $10,851,000. Institutional investors own 89.30% of the company’s stock.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.