iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 21,241 shares, an increase of 282.0% from the December 15th total of 5,561 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 30,760 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 30,760 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Trading of iShares Interest Rate Hedged Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 38.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,364 shares of the company’s stock worth $126,000 after purchasing an additional 382 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter valued at approximately $135,000. First Horizon Advisors Inc. grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 96.2% during the second quarter. First Horizon Advisors Inc. now owns 1,711 shares of the company’s stock worth $158,000 after buying an additional 839 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the second quarter worth $203,000. Finally, West Wealth Group LLC bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth $212,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

iShares Interest Rate Hedged Corporate Bond ETF stock traded up $0.16 during midday trading on Tuesday, reaching $93.76. The stock had a trading volume of 16,456 shares, compared to its average volume of 29,820. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $88.08 and a twelve month high of $94.44. The stock’s 50-day simple moving average is $93.20 and its 200 day simple moving average is $93.05.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.