iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 45.7% in February

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 194,471 shares, a growth of 45.7% from the January 29th total of 133,507 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 215,556 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 215,556 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the shares of the stock are sold short.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1%

SLQD traded up $0.03 during trading on Friday, hitting $50.97. 212,713 shares of the stock traded hands, compared to its average volume of 212,554. The business has a 50 day moving average price of $50.78 and a 200 day moving average price of $50.76. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.61 and a twelve month high of $50.99.

iShares 0-5 Year Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1783 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SLQD. Arkadios Wealth Advisors raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.6% in the second quarter. Arkadios Wealth Advisors now owns 14,897 shares of the company’s stock valued at $754,000 after purchasing an additional 2,840 shares during the last quarter. Turn8 Private Wealth Inc. grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.7% during the second quarter. Turn8 Private Wealth Inc. now owns 49,526 shares of the company’s stock worth $2,506,000 after purchasing an additional 3,550 shares during the last quarter. Sierra Capital LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.5% in the second quarter. Sierra Capital LLC now owns 142,078 shares of the company’s stock valued at $7,188,000 after buying an additional 8,720 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 37.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 244,298 shares of the company’s stock valued at $12,359,000 after buying an additional 66,094 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% during the 2nd quarter. Waterloo Capital L.P. now owns 341,102 shares of the company’s stock worth $17,256,000 after buying an additional 104,429 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.