iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Stock Short Interest Drops 94.6%

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 19,211 shares, a decrease of 94.6% from the September 30th total of 352,762 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 68,387 shares, the short-interest ratio is currently 0.3 days.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Trading Up 0.2%

BATS:LQDW opened at $22.79 on Tuesday. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 52-week low of $22.28 and a 52-week high of $25.42. The business’s fifty day moving average is $22.95 and its 200 day moving average is $23.80.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Roble Belko & Company Inc purchased a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the second quarter worth about $3,808,000. HORAN Wealth LLC purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter valued at approximately $607,000. Janney Montgomery Scott LLC bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter worth approximately $410,000. United Community Bank bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 2nd quarter worth approximately $293,000. Finally, Prime Capital Investment Advisors LLC lifted its stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 5.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 156,278 shares of the company’s stock worth $3,552,000 after purchasing an additional 7,714 shares in the last quarter.

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.