SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) Short Interest Update

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 3,853 shares, an increase of 74.0% from the December 15th total of 2,214 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,011 shares, the short-interest ratio is currently 3.8 days. Based on an average daily trading volume, of 1,011 shares, the short-interest ratio is currently 3.8 days. Approximately 1.9% of the company’s stock are sold short.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Price Performance

Shares of LQIG traded down $0.22 on Friday, hitting $96.10. 2,130 shares of the stock traded hands, compared to its average volume of 16,730. SPDR MarketAxess Investment Grade 400 Corporate Bond ETF has a one year low of $91.09 and a one year high of $98.19. The business has a 50 day simple moving average of $96.15 and a 200 day simple moving average of $96.16.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Company Profile

The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of 400 highly liquid, investment grade, corporate USD-denominated bonds. The index selects constituents using a proprietary methodology that favors bonds with greater liquidity, and weights individual bonds by market value. LQIG was launched on May 11, 2022 and is managed by State Street.