iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Stock Short Interest Drops 70.0%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 5,295 shares, a decrease of 70.0% from the October 15th total of 17,637 shares. Based on an average daily trading volume, of 62,170 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.0%

Shares of iShares Interest Rate Hedged Corporate Bond ETF stock traded up $0.01 on Friday, hitting $92.16. 47,974 shares of the company’s stock were exchanged, compared to its average volume of 49,364. The company has a 50-day simple moving average of $92.42 and a 200-day simple moving average of $92.69. iShares Interest Rate Hedged Corporate Bond ETF has a 1 year low of $91.15 and a 1 year high of $94.38.

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

Several hedge funds and other institutional investors have recently modified their holdings of LQDH. Signature Equity Partners LLC grew its stake 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 acquiring an additional 181 shares during the period. Private Advisor Group LLC increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 13.8% in the 1st quarter. Private Advisor Group LLC now owns 2,766 shares of the company’s stock worth $255,000 after acquiring an additional 336 shares in the last quarter. Capital Square LLC raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 20.1% during the 3rd quarter. Capital Square LLC now owns 2,739 shares of the company’s stock worth $254,000 after acquiring an additional 459 shares during the period. Schmidt P J Investment Management Inc. raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 9.1% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 6,364 shares of the company’s stock worth $590,000 after acquiring an additional 529 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter valued at approximately $79,000.

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.