iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Short Interest Up 87.9% in June

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 12,148 shares, an increase of 87.9% from the June 15th total of 6,466 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 13,139 shares, the days-to-cover ratio is currently 0.9 days.

iShares Inflation Hedged Corporate Bond ETF Trading Down 0.1%

BATS LQDI opened at $26.04 on Thursday. iShares Inflation Hedged Corporate Bond ETF has a twelve month low of $25.85 and a twelve month high of $27.20. The firm’s 50 day moving average price is $26.32 and its two-hundred day moving average price is $26.40.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 537.1% during the second quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock valued at $133,000 after buying an additional 4,254 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Inflation Hedged Corporate Bond ETF in the 2nd quarter worth about $141,000. Bank of America Corp DE boosted its position in iShares Inflation Hedged Corporate Bond ETF by 39.3% during the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after acquiring an additional 2,455 shares during the period. ABLE Financial Group LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 7.7% during the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock worth $267,000 after acquiring an additional 722 shares during the period. Finally, Jane Street Group LLC purchased a new position in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter valued at about $472,000.

About iShares Inflation Hedged Corporate Bond ETF

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.