iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 2,719 shares, a decline of 90.9% from the February 12th total of 29,894 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 53,701 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 53,701 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Harbour Wealth Management Group Inc. acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at $8,961,000. Beacon Pointe Advisors LLC lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 9.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 16,071 shares of the company’s stock worth $1,500,000 after buying an additional 1,359 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 16.2% during the 4th quarter. Cetera Investment Advisers now owns 31,001 shares of the company’s stock worth $2,894,000 after buying an additional 4,323 shares during the last quarter. GeoWealth Management LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock worth $295,000 after buying an additional 118 shares during the period. Finally, Royal Bank of Canada grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 5.8% in the 4th quarter. Royal Bank of Canada now owns 27,919 shares of the company’s stock valued at $2,605,000 after buying an additional 1,530 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of LQDH traded down $0.22 during mid-day trading on Thursday, reaching $91.56. The company’s stock had a trading volume of 24,112 shares, compared to its average volume of 72,920. iShares Interest Rate Hedged Corporate Bond ETF has a 1-year low of $88.08 and a 1-year high of $94.38. The business has a 50-day simple moving average of $93.32 and a two-hundred day simple moving average of $93.23.

About iShares Interest Rate Hedged Corporate Bond ETF

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.