iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Up 776.7% in July

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 16,604 shares, a growth of 776.7% from the July 15th total of 1,894 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 60,916 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

A number of large investors have recently made changes to their positions in LQDH. NBT Bank N A NY increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 340.9% during the 1st quarter. NBT Bank N A NY now owns 410 shares of the company’s stock worth $38,000 after buying an additional 317 shares during the period. Harbor Asset Planning Inc. bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at about $42,000. Signature Equity Partners LLC increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the 1st quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 181 shares during the period. Western Wealth Management LLC acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 1st quarter valued at approximately $95,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $119,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA LQDH traded down $0.01 during trading on Tuesday, reaching $92.25. 34,173 shares of the company’s stock were exchanged, compared to its average volume of 50,977. iShares Interest Rate Hedged Corporate Bond ETF has a fifty-two week low of $91.15 and a fifty-two week high of $94.38. The business has a 50 day moving average price of $92.81 and a 200-day moving average price of $92.84.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.