iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Update

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 14,792 shares, a growth of 279.5% from the April 15th total of 3,898 shares. Based on an average daily trading volume, of 5,398 shares, the short-interest ratio is currently 2.7 days. Approximately 2.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbour Investments Inc. lifted its stake in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after purchasing an additional 584 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of iShares BBB Rated Corporate Bond ETF by 4.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock valued at $598,000 after purchasing an additional 300 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of iShares BBB Rated Corporate Bond ETF in the 4th quarter valued at about $1,790,000. Citadel Advisors LLC lifted its stake in shares of iShares BBB Rated Corporate Bond ETF by 8.2% in the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock valued at $1,977,000 after purchasing an additional 1,706 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock valued at $2,488,000 after purchasing an additional 8,433 shares during the period.

iShares BBB Rated Corporate Bond ETF Trading Down 0.5%

Shares of NYSEARCA LQDB traded down $0.41 during trading on Friday, reaching $85.71. The company had a trading volume of 990 shares, compared to its average volume of 4,845. The company’s fifty day moving average price is $86.39 and its 200-day moving average price is $87.13. iShares BBB Rated Corporate Bond ETF has a 12 month low of $84.22 and a 12 month high of $88.86.

iShares BBB Rated Corporate Bond ETF Company Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.