iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Update

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 95,284 shares, an increase of 792.3% from the June 15th total of 10,679 shares. Based on an average daily volume of 84,485 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.0% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of large investors have recently added to or reduced their stakes in LQDW. Janney Montgomery Scott LLC acquired a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter valued at $410,000. Private Trust Co. NA lifted its holdings in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock valued at $285,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 3rd quarter valued at about $201,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

Shares of BATS:LQDW opened at $23.62 on Monday. The company has a 50-day moving average price of $23.89 and a 200 day moving average price of $24.22. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 52 week low of $23.60 and a 52 week high of $25.60.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.