iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Stock Short Interest Report for September

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 34,988 shares, an increase of 319.4% from the September 15th total of 8,342 shares. Based on an average trading volume of 52,401 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the shares of the stock are short sold.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of LQDH traded up $0.11 during trading hours on Monday, reaching $92.52. 33,241 shares of the company’s stock traded hands, compared to its average volume of 48,357. The firm’s 50 day simple moving average is $92.57 and its 200-day simple moving average is $92.75. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $91.15 and a 12 month high of $94.38.

Institutional Investors Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of LQDH. Harbour Wealth Management Group Inc. bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth $8,961,000. Destination Wealth Management raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% during the 4th quarter. Destination Wealth Management now owns 892,414 shares of the company’s stock valued at $83,307,000 after buying an additional 34,888 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 292,864 shares of the company’s stock valued at $27,043,000 after buying an additional 10,336 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 20.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 43,768 shares of the company’s stock valued at $4,086,000 after buying an additional 7,341 shares in the last quarter. Finally, Independent Financial Group LLC bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter worth $577,000.

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.