Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Increases By 944.1%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 423,001 shares, a growth of 944.1% from the July 30th total of 40,515 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 212,664 shares, the short-interest ratio is currently 2.0 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of SLQD stock opened at $50.24 on Wednesday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.00 and a 52-week high of $50.99. The business has a 50-day simple moving average of $50.18 and a 200-day simple moving average of $50.38.

iShares 0-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.1869 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Highland Investment Advisors LLC acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $25,000. Parallel Advisors LLC lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock valued at $574,000 after acquiring an additional 1,432 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.7% in the first quarter. Arkadios Wealth Advisors now owns 22,236 shares of the company’s stock valued at $1,123,000 after acquiring an additional 3,665 shares in the last quarter. NBT Bank N A NY boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the first quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after acquiring an additional 1,094 shares during the last quarter. Finally, Turn8 Private Wealth Inc. boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% in the first quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock worth $3,037,000 after acquiring an additional 13,188 shares during the last quarter.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.