iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Stock Short Interest Falls 99.5%

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60 shares, a drop of 99.5% from the August 31st total of 11,440 shares. Based on an average trading volume of 17,098 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

Shares of BATS:LQDI traded down $0.20 during midday trading on Thursday, reaching $25.01. 6,938 shares of the company traded hands, compared to its average volume of 9,549. iShares Inflation Hedged Corporate Bond ETF has a 12 month low of $25.01 and a 12 month high of $27.19. The firm’s fifty day moving average price is $25.70 and its two-hundred day moving average price is $26.09.

Institutional Investors Weigh In On iShares Inflation Hedged Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC lifted its position in iShares Inflation Hedged Corporate Bond ETF by 3.3% during the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock valued at $696,000 after purchasing an additional 846 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after acquiring an additional 1,186 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares Inflation Hedged Corporate Bond ETF by 3.8% in the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after acquiring an additional 3,901 shares during the last quarter. Bank of America Corp DE increased its stake in iShares Inflation Hedged Corporate Bond ETF by 126.2% in the first quarter. Bank of America Corp DE now owns 18,281 shares of the company’s stock valued at $478,000 after acquiring an additional 10,199 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares Inflation Hedged Corporate Bond ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 355,942 shares of the company’s stock valued at $9,355,000 after purchasing an additional 18,936 shares in the last quarter.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.