iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Sees Significant Increase in Short Interest

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 493 shares, an increase of 325.0% from the July 15th total of 116 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,260 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock worth $2,488,000 after buying an additional 8,433 shares during the period. Citadel Advisors LLC increased its stake in shares of iShares BBB Rated Corporate Bond ETF by 8.2% during the third quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock valued at $1,977,000 after buying an additional 1,706 shares during the period. Bank of America Corp DE raised its holdings in shares of iShares BBB Rated Corporate Bond ETF by 29.5% during the third quarter. Bank of America Corp DE now owns 45,370 shares of the company’s stock valued at $3,991,000 after acquiring an additional 10,326 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares BBB Rated Corporate Bond ETF by 1.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock valued at $656,000 after acquiring an additional 125 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in iShares BBB Rated Corporate Bond ETF in the fourth quarter worth $1,790,000.

iShares BBB Rated Corporate Bond ETF Price Performance

Shares of LQDB stock traded up $0.27 during mid-day trading on Thursday, reaching $84.98. The stock had a trading volume of 27 shares, compared to its average volume of 4,595. The stock’s 50-day moving average price is $85.60 and its two-hundred day moving average price is $86.34. iShares BBB Rated Corporate Bond ETF has a 52-week low of $84.60 and a 52-week high of $88.86.

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.