iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Update

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 493 shares, a growth of 325.0% from the July 15th total of 116 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,260 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LQDB. Harbour Investments Inc. increased its holdings in iShares BBB Rated Corporate Bond ETF by 146.0% during the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock worth $86,000 after purchasing an additional 584 shares during the period. Royal Bank of Canada acquired a new position in shares of iShares BBB Rated Corporate Bond ETF during the first quarter worth about $334,000. Integrated Wealth Concepts LLC grew its position in shares of iShares BBB Rated Corporate Bond ETF by 4.5% during the first quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock worth $598,000 after buying an additional 300 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares BBB Rated Corporate Bond ETF during the fourth quarter worth approximately $1,790,000. Finally, Citadel Advisors LLC increased its stake in shares of iShares BBB Rated Corporate Bond ETF by 8.2% during the third quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after buying an additional 1,706 shares during the period.

iShares BBB Rated Corporate Bond ETF Price Performance

LQDB traded up $0.17 during trading hours on Wednesday, hitting $84.79. 394 shares of the company’s stock were exchanged, compared to its average volume of 4,625. iShares BBB Rated Corporate Bond ETF has a 12-month low of $84.60 and a 12-month high of $88.86. The firm has a 50 day moving average of $85.66 and a 200 day moving average of $86.38.

iShares BBB Rated Corporate Bond ETF Company Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.