iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Sees Significant Increase in Short Interest

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 352,762 shares, an increase of 2,439.7% from the September 15th total of 13,890 shares. Based on an average daily volume of 250,854 shares, the short-interest ratio is currently 1.4 days. Currently, 3.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of hedge funds have recently modified their holdings of LQDW. Roble Belko & Company Inc acquired a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 2nd quarter valued at approximately $3,808,000. HORAN Wealth LLC purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter worth about $607,000. NBH Bank purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 2nd quarter worth approximately $85,000. United Community Bank purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 2nd quarter valued at approximately $293,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the first quarter valued at $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Down 0.1%

Shares of LQDW traded down $0.02 during trading hours on Friday, hitting $22.49. 87,672 shares of the stock were exchanged, compared to its average volume of 86,629. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 12-month low of $22.28 and a 12-month high of $25.42. The stock’s 50-day moving average price is $23.11 and its two-hundred day moving average price is $23.62.

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.