iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Update

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,392 shares, a drop of 58.8% from the April 30th total of 8,243 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,561 shares, the days-to-cover ratio is currently 0.5 days.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

Shares of BATS:LQDI opened at $26.60 on Monday. iShares Inflation Hedged Corporate Bond ETF has a twelve month low of $25.66 and a twelve month high of $27.20. The company has a 50-day moving average price of $26.34 and a two-hundred day moving average price of $26.47.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after purchasing an additional 1,186 shares during the period. Bank of America Corp DE boosted its position in iShares Inflation Hedged Corporate Bond ETF by 126.2% during the first quarter. Bank of America Corp DE now owns 18,281 shares of the company’s stock worth $478,000 after purchasing an additional 10,199 shares during the period. Cetera Investment Advisers boosted its position in iShares Inflation Hedged Corporate Bond ETF by 3.8% during the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock worth $2,757,000 after purchasing an additional 3,901 shares during the period. Kestra Advisory Services LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 3.3% during the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock worth $696,000 after purchasing an additional 846 shares during the period. Finally, MML Investors Services LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 22.2% during the fourth quarter. MML Investors Services LLC now owns 309,302 shares of the company’s stock worth $8,190,000 after purchasing an additional 56,129 shares during the period.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.