iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 33.3% in July

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 198,706 shares, a decrease of 33.3% from the June 30th total of 297,719 shares. Based on an average daily trading volume, of 196,197 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. NBT Bank N A NY raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock valued at $58,000 after purchasing an additional 1,094 shares in the last quarter. Triumph Capital Management bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $67,000. Adalta Capital Management LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $396,000. Parallel Advisors LLC increased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% during the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock valued at $574,000 after buying an additional 1,432 shares during the period. Finally, Arkadios Wealth Advisors increased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% during the fourth quarter. Arkadios Wealth Advisors now owns 18,571 shares of the company’s stock valued at $942,000 after buying an additional 3,362 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF stock opened at $50.15 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.02 and a 12 month high of $50.99. The stock’s fifty day moving average price is $50.23 and its 200-day moving average price is $50.46.

iShares 0-5 Year Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.1839 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.