iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Stock Short Interest Report for October

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 159 shares, a decrease of 42.2% from the September 30th total of 275 shares. Based on an average daily volume of 1,705 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

iShares BBB Rated Corporate Bond ETF Price Performance

Shares of LQDB stock traded up $0.04 on Friday, hitting $83.42. 71 shares of the company’s stock traded hands, compared to its average volume of 4,209. iShares BBB Rated Corporate Bond ETF has a one year low of $81.76 and a one year high of $88.40. The company’s fifty day simple moving average is $83.39 and its 200 day simple moving average is $85.60.

Institutional Investors Weigh In On iShares BBB Rated Corporate Bond ETF

A hedge fund recently bought a new stake in iShares BBB Rated Corporate Bond ETF stock. Royal Bank of Canada purchased a new position in iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,863 shares of the company’s stock, valued at approximately $334,000. Royal Bank of Canada owned 0.64% of iShares BBB Rated Corporate Bond ETF at the end of the most recent reporting 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.