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 growth in short interest in the month of August. As of August 31st, there was short interest totaling 17,724 shares, a growth of 69.8% from the August 15th total of 10,439 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 30,478 shares, the short-interest ratio is presently 0.6 days.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQDH traded up $0.01 during midday trading on Friday, hitting $92.90. 12,047 shares of the company’s stock were exchanged, compared to its average volume of 48,112. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $91.15 and a 12 month high of $94.38. The company’s 50 day moving average price is $92.50 and its 200 day moving average price is $92.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LQDH. NBT Bank N A NY increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 340.9% during the 1st quarter. NBT Bank N A NY now owns 410 shares of the company’s stock worth $38,000 after buying an additional 317 shares during the period. Signature Equity Partners LLC raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the 1st quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock worth $45,000 after purchasing an additional 181 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter worth about $79,000. Western Wealth Management LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 1st quarter valued at about $95,000. Finally, Bogart Wealth LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 1st quarter valued at about $139,000.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.