iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Up 294.0% in June

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 6,466 shares, a growth of 294.0% from the May 31st total of 1,641 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 8,977 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares Inflation Hedged Corporate Bond ETF

A number of large investors have recently made changes to their positions in LQDI. ABLE Financial Group LLC lifted its position in shares of iShares Inflation Hedged Corporate Bond ETF by 7.7% in the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock valued at $267,000 after acquiring an additional 722 shares in the last quarter. Kestra Advisory Services LLC grew its position in iShares Inflation Hedged Corporate Bond ETF by 3.3% during the 1st quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock worth $696,000 after purchasing an additional 846 shares in the last quarter. NewEdge Advisors LLC grew its position in iShares Inflation Hedged Corporate Bond ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after purchasing an additional 1,186 shares in the last quarter. Bank of America Corp DE raised its stake in iShares Inflation Hedged Corporate Bond ETF by 39.3% during the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock valued at $234,000 after purchasing an additional 2,455 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% in the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock worth $2,757,000 after buying an additional 3,901 shares during the period.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

BATS LQDI opened at $26.37 on Monday. iShares Inflation Hedged Corporate Bond ETF has a 1 year low of $25.85 and a 1 year high of $27.20. The stock’s 50-day moving average price is $26.41 and its two-hundred day moving average price is $26.43.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.