iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW – Get Free Report) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 95,284 shares, an increase of 792.3% from the June 15th total of 10,679 shares. Based on an average daily volume of 84,485 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company’s stock are short sold.
Hedge Funds Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
Several hedge funds have recently made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third quarter worth about $201,000. Janney Montgomery Scott LLC acquired a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 1st quarter valued at about $410,000. Finally, Private Trust Co. NA boosted its position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock valued at $285,000 after purchasing an additional 6,000 shares during the period.
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Trading Down 0.4%
Shares of BATS LQDW traded down $0.09 during mid-day trading on Friday, reaching $23.62. The company had a trading volume of 26,846 shares, compared to its average volume of 63,400. The firm has a 50 day simple moving average of $23.89 and a two-hundred day simple moving average of $24.22. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 52-week low of $23.60 and a 52-week high of $25.60.
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.
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