iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Down 13.1% in January

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDBGet Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,323 shares, a decrease of 13.1% from the December 31st total of 3,826 shares. Based on an average trading volume of 1,407 shares, the short-interest ratio is currently 2.4 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 1,407 shares, the short-interest ratio is currently 2.4 days.

iShares BBB Rated Corporate Bond ETF Stock Down 0.1%

LQDB opened at $87.06 on Thursday. The stock has a 50-day moving average price of $87.37 and a 200-day moving average price of $87.44. iShares BBB Rated Corporate Bond ETF has a 1 year low of $82.73 and a 1 year high of $88.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares BBB Rated Corporate Bond ETF by 29.5% during the third quarter. Bank of America Corp DE now owns 45,370 shares of the company’s stock valued at $3,991,000 after buying an additional 10,326 shares during the last quarter. Citadel Advisors LLC lifted its position in iShares BBB Rated Corporate Bond ETF by 8.2% in the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock valued at $1,977,000 after acquiring an additional 1,706 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in iShares BBB Rated Corporate Bond ETF by 5.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,400 shares of the company’s stock valued at $651,000 after acquiring an additional 350 shares in the last quarter.

iShares BBB Rated Corporate Bond ETF Company Profile

(Get Free Report)

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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