iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Down 73.6% in April

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,560 shares, a decline of 73.6% from the April 15th total of 9,703 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 33,585 shares, the days-to-cover ratio is presently 0.1 days.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1%

Shares of iShares Interest Rate Hedged Corporate Bond ETF stock traded up $0.05 during trading hours on Wednesday, reaching $93.05. 27,487 shares of the stock traded hands, compared to its average volume of 57,183. The company has a 50 day moving average price of $92.39 and a 200 day moving average price of $93.01. iShares Interest Rate Hedged Corporate Bond ETF has a one year low of $91.15 and a one year high of $94.38.

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

A number of large investors have recently made changes to their positions in the company. Signature Equity Partners LLC lifted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 58.4% during the 1st quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 181 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter valued at about $577,000. Lifeworks Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter valued at about $217,000. Diversify Wealth Management LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter valued at about $216,000. Finally, Bogart Wealth LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter valued at about $139,000.

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.