iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,148 shares, an increase of 87.9% from the June 15th total of 6,466 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 13,139 shares, the days-to-cover ratio is presently 0.9 days.
iShares Inflation Hedged Corporate Bond ETF Trading Down 0.1%
Shares of BATS:LQDI opened at $26.02 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 1 year low of $25.85 and a 1 year high of $27.20. The stock has a 50-day simple moving average of $26.32 and a 200-day simple moving average of $26.39.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of LQDI. Osaic Holdings Inc. grew its stake in iShares Inflation Hedged Corporate Bond ETF by 537.1% during the second quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after buying an additional 4,254 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter valued at $141,000. Bank of America Corp DE lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% during the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock valued at $234,000 after acquiring an additional 2,455 shares in the last quarter. ABLE Financial Group LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 7.7% during the 4th quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock worth $267,000 after purchasing an additional 722 shares during the period. Finally, Jane Street Group LLC purchased a new stake in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth $472,000.
iShares Inflation Hedged Corporate Bond ETF Company Profile
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.
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