Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Drops By 99.1%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 5,561 shares, a decrease of 99.1% from the November 30th total of 606,980 shares. Based on an average trading volume of 45,122 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 45,122 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. Bank of Montreal Can grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 0.6% in the second quarter. Bank of Montreal Can now owns 53,708 shares of the company’s stock valued at $4,963,000 after acquiring an additional 336 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock valued at $160,000 after purchasing an additional 348 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,513 shares of the company’s stock valued at $417,000 after purchasing an additional 351 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 16.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,539 shares of the company’s stock valued at $237,000 after purchasing an additional 352 shares during the last quarter. Finally, Vista Cima Wealth Management LLC increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 14.9% during the 1st quarter. Vista Cima Wealth Management LLC now owns 2,734 shares of the company’s stock worth $252,000 after purchasing an additional 354 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

NYSEARCA:LQDH traded up $0.05 during mid-day trading on Friday, reaching $93.35. The stock had a trading volume of 27,241 shares, compared to its average volume of 48,312. The stock has a 50-day simple moving average of $93.22 and a two-hundred day simple moving average of $92.94. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $88.08 and a 12 month high of $94.44.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.