Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) Sees Large Decline in Short Interest

Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,475 shares, a drop of 55.4% from the May 31st total of 3,307 shares. Based on an average daily volume of 662 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Janus Henderson Corporate Bond ETF

A hedge fund recently raised its position in Janus Henderson Corporate Bond ETF stock. Jane Street Group LLC boosted its position in Janus Henderson Corporate Bond ETF (NYSEARCA:JLQD) by 3.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,200 shares of the company’s stock after purchasing an additional 1,501 shares during the period. Jane Street Group LLC owned about 7.03% of Janus Henderson Corporate Bond ETF worth $1,763,000 as of its most recent SEC filing.

Janus Henderson Corporate Bond ETF Stock Performance

NYSEARCA:JLQD traded down $0.35 during midday trading on Wednesday, reaching $41.14. The stock had a trading volume of 27 shares, compared to its average volume of 411. The firm has a fifty day simple moving average of $41.28 and a two-hundred day simple moving average of $41.66. Janus Henderson Corporate Bond ETF has a 12-month low of $40.83 and a 12-month high of $42.71.

About Janus Henderson Corporate Bond ETF

The Janus Henderson Corporate Bond ETF (JLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in USD-denominated corporate bonds and commercial paper across various credit qualities and maturities. The fund selects investments through a combination of bottom-up fundamental analysis and top-down macroeconomic evaluation. JLQD was launched on Sep 8, 2021 and is issued by Janus Henderson.