SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) Short Interest Update

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,032 shares, a decrease of 79.7% from the January 29th total of 5,087 shares. Based on an average trading volume of 1,197 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,197 shares, the days-to-cover ratio is currently 0.9 days.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Stock Performance

Shares of SPDR MarketAxess Investment Grade 400 Corporate Bond ETF stock opened at $97.08 on Friday. The business has a 50-day moving average price of $96.22 and a 200 day moving average price of $96.45. SPDR MarketAxess Investment Grade 400 Corporate Bond ETF has a twelve month low of $91.09 and a twelve month high of $98.19.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.3389 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Company Profile

The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of 400 highly liquid, investment grade, corporate USD-denominated bonds. The index selects constituents using a proprietary methodology that favors bonds with greater liquidity, and weights individual bonds by market value. LQIG was launched on May 11, 2022 and is managed by State Street.