Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Expands By 452.3%


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iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 483,800 shares, an increase of 452.3% from the December 15th total of 87,600 shares. Based on an average daily volume of 272,400 shares, the short-interest ratio is presently 1.8 days.

Several hedge funds have recently added to or reduced their stakes in SLQD. Lindbrook Capital LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $50,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $104,000. Weaver Consulting Group raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 25.1% in the 3rd quarter. Weaver Consulting Group now owns 13,269 shares of the company’s stock worth $692,000 after acquiring an additional 2,662 shares during the period. Biondo Investment Advisors LLC raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.9% in the 3rd quarter. Biondo Investment Advisors LLC now owns 15,070 shares of the company’s stock worth $785,000 after acquiring an additional 420 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,706 shares of the company’s stock worth $871,000 after purchasing an additional 1,092 shares during the period.

SLQD stock opened at $52.15 on Thursday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $43.34 and a 1 year high of $52.30. The company has a fifty day simple moving average of $52.15 and a 200 day simple moving average of $52.10.

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