iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Up 41.6% in March

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 9,948 shares, a growth of 41.6% from the February 26th total of 7,027 shares. Based on an average trading volume of 9,029 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.8% of the shares of the company are sold short.

iShares BBB Rated Corporate Bond ETF Stock Up 0.4%

Shares of LQDB stock traded up $0.35 on Monday, reaching $85.84. The stock had a trading volume of 1,857 shares, compared to its average volume of 4,888. The firm’s 50-day moving average is $87.18 and its two-hundred day moving average is $87.51. iShares BBB Rated Corporate Bond ETF has a 12 month low of $82.73 and a 12 month high of $88.86.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Harbour Investments Inc. lifted its position in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after buying an additional 584 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of iShares BBB Rated Corporate Bond ETF by 4.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock worth $598,000 after acquiring an additional 300 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of iShares BBB Rated Corporate Bond ETF during the 4th quarter worth approximately $1,790,000. Citadel Advisors LLC increased its holdings in shares of iShares BBB Rated Corporate Bond ETF by 8.2% during the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after acquiring an additional 1,706 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock valued at $2,488,000 after acquiring an additional 8,433 shares during the period.

iShares BBB Rated Corporate Bond ETF Company Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.