iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Increase in Short Interest

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 224,587 shares, a growth of 219.2% from the May 14th total of 70,361 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 356,002 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Several hedge funds have recently modified their holdings of QLTA. State of New Jersey Common Pension Fund D raised its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 200.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 750,000 shares of the company’s stock worth $36,068,000 after acquiring an additional 500,000 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 1st quarter worth approximately $14,357,000. Diversify Advisory Services LLC purchased a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth approximately $10,965,000. UBS Group AG raised its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 52.5% during the 3rd quarter. UBS Group AG now owns 534,904 shares of the company’s stock worth $25,927,000 after acquiring an additional 184,233 shares in the last quarter. Finally, Diversify Wealth Management LLC raised its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 252.2% during the 1st quarter. Diversify Wealth Management LLC now owns 200,117 shares of the company’s stock worth $9,504,000 after acquiring an additional 143,304 shares in the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Stock Down 0.0%

Shares of QLTA traded down $0.01 during mid-day trading on Friday, hitting $47.48. 171,408 shares of the stock were exchanged, compared to its average volume of 357,852. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $46.78 and a 52-week high of $49.02. The firm has a 50-day moving average of $47.51 and a two-hundred day moving average of $47.91.

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.