Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Grows By 58.2%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 37,883 shares, an increase of 58.2% from the January 15th total of 23,952 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 119,051 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 119,051 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.7% of the company’s stock are sold short.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA LQDH traded up $0.02 during trading on Friday, reaching $93.13. 41,646 shares of the company’s stock were exchanged, compared to its average volume of 87,288. iShares Interest Rate Hedged Corporate Bond ETF has a fifty-two week low of $88.08 and a fifty-two week high of $94.44. The business has a 50 day moving average price of $93.54 and a 200-day moving average price of $93.25.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 84.7% during the second quarter. Envestnet Asset Management Inc. now owns 395,512 shares of the company’s stock worth $36,545,000 after acquiring an additional 181,329 shares during the period. Leo Wealth LLC lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 132.8% during the 4th quarter. Leo Wealth LLC now owns 262,375 shares of the company’s stock worth $24,500,000 after purchasing an additional 149,654 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 724.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock valued at $5,071,000 after purchasing an additional 48,227 shares during the period. LPL Financial LLC grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock valued at $36,774,000 after buying an additional 45,039 shares in the last quarter. Finally, Twelve Points Wealth Management LLC grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 316.3% in the 4th quarter. Twelve Points Wealth Management LLC now owns 55,452 shares of the company’s stock valued at $5,189,000 after buying an additional 42,133 shares in the last quarter.

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.