Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Expands By 118.9%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 41,600 shares, an increase of 118.9% from the September 30th total of 19,000 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 40,200 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 40,200 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. First Horizon Advisors Inc. boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 66.7% during the first quarter. First Horizon Advisors Inc. now owns 872 shares of the company’s stock valued at $81,000 after buying an additional 349 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 305.8% during the first quarter. PNC Financial Services Group Inc. now owns 982 shares of the company’s stock worth $91,000 after purchasing an additional 740 shares during the last quarter. Anfield Capital Management LLC boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 40.0% during the first quarter. Anfield Capital Management LLC now owns 1,256 shares of the company’s stock worth $116,000 after purchasing an additional 359 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter worth about $135,000. Finally, Diversify Advisory Services LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter worth about $203,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.2%

Shares of NYSEARCA:LQDH opened at $93.63 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $88.08 and a 12-month high of $94.44. The business’s 50 day moving average is $93.21 and its 200 day moving average is $92.43.

About iShares Interest Rate Hedged Corporate Bond ETF

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.