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

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 10,349 shares, a growth of 691.8% from the January 29th total of 1,307 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average trading volume of 9,728 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 9,728 shares, the short-interest ratio is currently 1.1 days. Currently, 1.9% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares BBB Rated Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of LQDB. Harbour Investments Inc. boosted its stake in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock worth $86,000 after buying an additional 584 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in iShares BBB Rated Corporate Bond ETF by 4.5% in the first quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock valued at $598,000 after acquiring an additional 300 shares during the period. Goldman Sachs Group Inc. acquired a new position in iShares BBB Rated Corporate Bond ETF in the fourth quarter valued at approximately $1,790,000. Citadel Advisors LLC boosted 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 worth $1,977,000 after purchasing an additional 1,706 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock worth $2,488,000 after purchasing an additional 8,433 shares in the last quarter.

iShares BBB Rated Corporate Bond ETF Trading Down 0.0%

Shares of iShares BBB Rated Corporate Bond ETF stock traded down $0.02 during trading on Wednesday, hitting $88.03. 1,299 shares of the company’s stock were exchanged, compared to its average volume of 5,127. The business has a 50-day simple moving average of $87.48 and a 200-day simple moving average of $87.58. iShares BBB Rated Corporate Bond ETF has a 52-week low of $82.73 and a 52-week high of $88.86.

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.