iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Shares Shorted: Short Interest Up 150.6% in October

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 1,451 shares, a growth of 150.6% from the September 30th total of 579 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,823 shares, the days-to-cover ratio is presently 0.2 days.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

Shares of BATS:LQDI opened at $25.29 on Friday. The firm has a 50 day moving average of $25.28 and a 200-day moving average of $26.04. iShares Inflation Hedged Corporate Bond ETF has a 12 month low of $24.64 and a 12 month high of $27.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in iShares Inflation Hedged Corporate Bond ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 355,942 shares of the company’s stock valued at $9,355,000 after purchasing an additional 18,936 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 566.1% during the second quarter. Ameritas Advisory Services LLC now owns 257,513 shares of the company’s stock worth $6,768,000 after purchasing an additional 218,855 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% in the 1st quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after purchasing an additional 3,901 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock valued at $2,263,000 after purchasing an additional 1,186 shares in the last quarter. Finally, SimpliFi Inc. increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 1.1% in the 3rd quarter. SimpliFi Inc. now owns 36,772 shares of the company’s stock valued at $914,000 after purchasing an additional 412 shares during the last quarter.

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.