iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Down 69.4% in June

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 10,679 shares, a decline of 69.4% from the May 31st total of 34,929 shares. Based on an average daily volume of 42,271 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LQDW. Triumph Capital Management bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third quarter valued at approximately $201,000. Private Trust Co. NA grew its position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after purchasing an additional 6,000 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter valued at $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Price Performance

Shares of BATS:LQDW opened at $24.07 on Friday. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a fifty-two week low of $23.60 and a fifty-two week high of $25.60. The business has a 50-day simple moving average of $23.95 and a two-hundred day simple moving average of $24.29.

About iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.