iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Update

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 10,863 shares, a drop of 81.9% from the July 30th total of 59,900 shares. Based on an average trading volume of 78,343 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of LQDW. Triumph Capital Management acquired a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 3rd quarter worth about $201,000. Janney Montgomery Scott LLC acquired a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 1st quarter worth about $410,000. United Community Bank purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 2nd quarter worth approximately $293,000. NBH Bank purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 2nd quarter worth approximately $85,000. Finally, HORAN Wealth LLC acquired a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter valued at approximately $607,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Price Performance

BATS LQDW traded up $0.07 on Thursday, hitting $23.53. The company had a trading volume of 4,095 shares, compared to its average volume of 76,943. The company’s fifty day moving average price is $23.60 and its 200-day moving average price is $23.95. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 12-month low of $23.17 and a 12-month high of $25.42.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

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.