iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 45.7% in February

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 194,471 shares, an increase of 45.7% from the January 29th total of 133,507 shares. Based on an average trading volume of 215,556 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 215,556 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLQD. Arkadios Wealth Advisors grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,209 shares of the company’s stock worth $773,000 after purchasing an additional 312 shares in the last quarter. Cary Street Partners Financial LLC lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% during the fourth quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock worth $1,362,000 after purchasing an additional 389 shares during the period. Valley Wealth Managers Inc. grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the third quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after buying an additional 847 shares in the last quarter. Triumph Capital Management bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $67,000. Finally, Sound Income Strategies LLC raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 742.9% in the 3rd quarter. Sound Income Strategies LLC now owns 2,495 shares of the company’s stock valued at $126,000 after buying an additional 2,199 shares in the last quarter.

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

NASDAQ SLQD traded up $0.03 during trading on Friday, reaching $50.97. The company’s stock had a trading volume of 212,713 shares, compared to its average volume of 212,554. The firm has a 50 day moving average price of $50.78 and a 200 day moving average price of $50.76. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.99.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.1783 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.