iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Down 32.1% in February

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 7,027 shares, a decline of 32.1% from the February 12th total of 10,349 shares. Based on an average daily volume of 2,919 shares, the short-interest ratio is currently 2.4 days. Approximately 1.3% of the shares of the company are sold short. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 2,919 shares, the short-interest ratio is currently 2.4 days.

iShares BBB Rated Corporate Bond ETF Stock Performance

Shares of LQDB stock traded down $0.29 during trading hours on Friday, reaching $85.69. 3,274 shares of the company’s stock were exchanged, compared to its average volume of 5,783. iShares BBB Rated Corporate Bond ETF has a 1 year low of $82.73 and a 1 year high of $88.86. The company’s 50 day moving average is $87.47 and its two-hundred day moving average is $87.61.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new stake in shares of iShares BBB Rated Corporate Bond ETF in the fourth quarter valued at about $1,790,000. Integrated Wealth Concepts LLC increased its stake in iShares BBB Rated Corporate Bond ETF by 1.7% in the 4th quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock valued at $656,000 after purchasing an additional 125 shares in the last quarter. Citadel Advisors LLC raised its holdings in 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 worth $1,977,000 after purchasing an additional 1,706 shares during the last quarter. Bank of America Corp DE raised its holdings in 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 worth $3,991,000 after purchasing an additional 10,326 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in iShares BBB Rated Corporate Bond ETF by 41.9% during the fourth quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock worth $2,488,000 after purchasing an additional 8,433 shares in the last quarter.

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.