iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 106.6% in April

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQDGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 110,199 shares, an increase of 106.6% from the April 15th total of 53,343 shares. Based on an average daily volume of 272,213 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

iShares 0-5 Year Investment Grade Corporate Bond ETF Price Performance

iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.08 during trading on Friday, reaching $50.23. The company had a trading volume of 104,036 shares, compared to its average volume of 256,879. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.09 and a 52 week high of $50.99. The firm’s 50-day simple moving average is $50.44 and its 200 day simple moving average is $50.65.

iShares 0-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.186 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Arkadios Wealth Advisors raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,209 shares of the company’s stock worth $773,000 after purchasing an additional 312 shares during the period. Cary Street Partners Financial LLC raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock worth $1,362,000 after purchasing an additional 389 shares during the period. Valley Wealth Managers Inc. raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% in the 3rd quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after purchasing an additional 847 shares during the period. NBT Bank N A NY raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the first quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock valued at $58,000 after acquiring an additional 1,094 shares during the period. Finally, Triumph Capital Management bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at about $67,000.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.

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