iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Up 776.7% in July

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 16,604 shares, an increase of 776.7% from the July 15th total of 1,894 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 60,916 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Harbour Wealth Management Group Inc. grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 8.8% in the first quarter. Harbour Wealth Management Group Inc. now owns 104,447 shares of the company’s stock valued at $9,645,000 after acquiring an additional 8,456 shares during the period. UBS Group AG increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 6.3% during the 4th quarter. UBS Group AG now owns 137,825 shares of the company’s stock worth $12,866,000 after purchasing an additional 8,178 shares in the last quarter. Destination Wealth Management grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% during the fourth quarter. Destination Wealth Management now owns 892,414 shares of the company’s stock worth $83,307,000 after buying an additional 34,888 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 20.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 43,768 shares of the company’s stock valued at $4,086,000 after purchasing an additional 7,341 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares Interest Rate Hedged Corporate Bond ETF by 119.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24,358 shares of the company’s stock valued at $2,274,000 after buying an additional 13,278 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.0%

Shares of LQDH traded down $0.01 on Tuesday, reaching $92.25. 34,173 shares of the company’s stock were exchanged, compared to its average volume of 50,977. The business has a 50 day moving average price of $92.81 and a two-hundred day moving average price of $92.84. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $91.15 and a 12 month high of $94.38.

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.