iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Up 87.9% in June

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 12,148 shares, an increase of 87.9% from the June 15th total of 6,466 shares. Based on an average daily volume of 13,139 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

Several institutional investors have recently modified their holdings of the company. ABLE Financial Group LLC boosted its position in shares of iShares Inflation Hedged Corporate Bond ETF by 7.7% during the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock valued at $267,000 after purchasing an additional 722 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 3.3% in 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 during the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 1.4% in 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 holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% in the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after purchasing an additional 2,455 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 3.8% during the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after purchasing an additional 3,901 shares during the last quarter.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

LQDI opened at $26.04 on Thursday. The business has a 50 day moving average price of $26.32 and a two-hundred day moving average price of $26.40. iShares Inflation Hedged Corporate Bond ETF has a 1-year low of $25.85 and a 1-year high of $27.20.

About iShares Inflation Hedged Corporate Bond ETF

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.