iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 254 shares, a growth of 98.4% from the August 15th total of 128 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,153 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of iShares BBB Rated Corporate Bond ETF
A number of institutional investors have recently made changes to their positions in the company. Insight Wealth Partners LLC raised its stake in iShares BBB Rated Corporate Bond ETF by 12.2% in the 2nd quarter. Insight Wealth Partners LLC now owns 30,240 shares of the company’s stock valued at $2,615,000 after purchasing an additional 3,299 shares during the last quarter. Royal Bank of Canada acquired a new stake in iShares BBB Rated Corporate Bond ETF during the 1st quarter worth $334,000. Finally, Harbour Investments Inc. grew its holdings in shares of iShares BBB Rated Corporate Bond ETF by 146.0% during the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock worth $86,000 after buying an additional 584 shares in the last quarter.
iShares BBB Rated Corporate Bond ETF Trading Up 0.1%
LQDB stock traded up $0.09 during trading on Wednesday, hitting $83.64. The stock had a trading volume of 5,979 shares, compared to its average volume of 4,572. iShares BBB Rated Corporate Bond ETF has a twelve month low of $83.49 and a twelve month high of $88.86. The company’s 50-day moving average price is $84.77 and its two-hundred day moving average price is $85.81.
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.
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