iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Shorted: Short Interest Down 42.2% in October

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 159 shares, a decline of 42.2% from the September 30th total of 275 shares. Based on an average trading volume of 1,705 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

A hedge fund recently raised its stake in iShares BBB Rated Corporate Bond ETF stock. Insight Wealth Partners LLC raised its holdings in shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) by 12.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,240 shares of the company’s stock after buying an additional 3,299 shares during the period. Insight Wealth Partners LLC owned about 4.32% of iShares BBB Rated Corporate Bond ETF worth $2,615,000 at the end of the most recent reporting period.

iShares BBB Rated Corporate Bond ETF Price Performance

Shares of iShares BBB Rated Corporate Bond ETF stock traded down $0.42 during trading on Monday, hitting $83.00. The stock had a trading volume of 3,546 shares, compared to its average volume of 4,206. iShares BBB Rated Corporate Bond ETF has a 12 month low of $81.76 and a 12 month high of $88.40. The firm’s fifty day simple moving average is $83.39 and its 200-day simple moving average is $85.60.

About iShares BBB Rated Corporate Bond ETF

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.