Short Interest in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Increases By 294.0%

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 6,466 shares, an increase of 294.0% from the May 31st total of 1,641 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 8,977 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in iShares Inflation Hedged Corporate Bond ETF in the second quarter worth about $141,000. Jane Street Group LLC purchased a new stake in iShares Inflation Hedged Corporate Bond ETF during the second quarter valued at approximately $472,000. MML Investors Services LLC raised its position in iShares Inflation Hedged Corporate Bond ETF by 16.3% during the second quarter. MML Investors Services LLC now owns 249,911 shares of the company’s stock valued at $6,580,000 after purchasing an additional 35,028 shares during the period. Osaic Holdings Inc. lifted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 537.1% in the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock valued at $133,000 after purchasing an additional 4,254 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% in the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock valued at $234,000 after purchasing an additional 2,455 shares during the last quarter.

iShares Inflation Hedged Corporate Bond ETF Trading Up 0.2%

LQDI stock opened at $26.37 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 52 week low of $25.85 and a 52 week high of $27.20. The company has a fifty day simple moving average of $26.41 and a two-hundred day simple moving average of $26.43.

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.