iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Update

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 53,343 shares, a growth of 77.2% from the March 31st total of 30,105 shares. Based on an average daily trading volume, of 276,174 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

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

Shares of SLQD opened at $50.52 on Wednesday. The firm’s 50-day moving average is $50.56 and its two-hundred day moving average is $50.69. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.03 and a twelve month high of $50.99.

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

The business also recently announced a dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1832 per share. The ex-dividend date was Wednesday, April 1st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N A NY grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the first quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after buying an additional 1,094 shares during the period. Triumph Capital Management acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $67,000. Valley Wealth Managers Inc. grew its position 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 during the period. Adalta Capital Management LLC acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $396,000. Finally, Parallel Advisors LLC grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 114.6% during the third quarter. Parallel Advisors LLC now owns 9,945 shares of the company’s stock worth $506,000 after buying an additional 5,310 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

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.