iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Short Interest Up 1,526.9% in February

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 86,354 shares, an increase of 1,526.9% from the February 12th total of 5,308 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 215,362 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 215,362 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Several hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its holdings in iShares Aaa – A Rated Corporate Bond ETF by 28.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,881,586 shares of the company’s stock worth $139,670,000 after buying an additional 630,177 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 200.0% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 750,000 shares of the company’s stock valued at $36,068,000 after buying an additional 500,000 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the first quarter worth $14,357,000. Cornerstone Advisors Asset Management LLC lifted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 189.7% during the third quarter. Cornerstone Advisors Asset Management LLC now owns 386,080 shares of the company’s stock valued at $18,713,000 after acquiring an additional 252,792 shares during the period. Finally, Diversify Advisory Services LLC bought a new position in iShares Aaa – A Rated Corporate Bond ETF in the third quarter valued at about $10,965,000.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

Shares of NYSEARCA:QLTA traded down $0.25 during midday trading on Tuesday, reaching $47.98. The company’s stock had a trading volume of 330,539 shares, compared to its average volume of 294,407. iShares Aaa – A Rated Corporate Bond ETF has a fifty-two week low of $45.81 and a fifty-two week high of $49.02. The business’s fifty day simple moving average is $48.27 and its 200-day simple moving average is $48.35.

About iShares Aaa – A Rated Corporate Bond ETF

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.