Short Interest in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Declines By 53.1%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 38,021 shares, a decrease of 53.1% from the June 30th total of 81,042 shares. Based on an average daily volume of 403,002 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

QLTA traded up $0.09 during midday trading on Thursday, reaching $46.60. The company’s stock had a trading volume of 192,310 shares, compared to its average volume of 376,616. The company has a fifty day simple moving average of $47.21 and a 200 day simple moving average of $47.65. iShares Aaa – A Rated Corporate Bond ETF has a twelve month low of $46.46 and a twelve month high of $49.02.

Institutional Investors Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of QLTA. Global Assets Advisory LLC increased its position in iShares Aaa – A Rated Corporate Bond ETF by 2.8% during the first quarter. Global Assets Advisory LLC now owns 12,520 shares of the company’s stock worth $596,000 after acquiring an additional 344 shares during the period. Signature Equity Partners LLC boosted its holdings in iShares Aaa – A Rated Corporate Bond ETF by 250.0% in the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 395 shares during the period. RKL Wealth Management LLC grew its position in iShares Aaa – A Rated Corporate Bond ETF by 1.1% in the 4th quarter. RKL Wealth Management LLC now owns 42,127 shares of the company’s stock worth $2,026,000 after purchasing an additional 473 shares during the last quarter. Hanover Advisors Inc. grew its position in iShares Aaa – A Rated Corporate Bond ETF by 1.6% in the 1st quarter. Hanover Advisors Inc. now owns 31,317 shares of the company’s stock worth $1,490,000 after purchasing an additional 480 shares during the last quarter. Finally, AMG National Trust Bank increased its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 5.3% during the 1st quarter. AMG National Trust Bank now owns 9,850 shares of the company’s stock worth $469,000 after purchasing an additional 500 shares during the period.

About iShares Aaa – A Rated Corporate Bond ETF

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.