iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Sees Significant Increase in Short Interest

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 352,762 shares, a growth of 2,439.7% from the September 15th total of 13,890 shares. Approximately 3.6% of the company’s stock are short sold. Based on an average daily volume of 250,854 shares, the days-to-cover ratio is currently 1.4 days.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

Shares of LQDW traded down $0.02 during mid-day trading on Friday, hitting $22.49. 87,672 shares of the company traded hands, compared to its average volume of 86,629. The business has a 50 day moving average of $23.11 and a 200 day moving average of $23.62. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 1-year low of $22.28 and a 1-year high of $25.42.

Hedge Funds Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of institutional investors have recently bought and sold shares of LQDW. Roble Belko & Company Inc purchased a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 2nd quarter valued at about $3,808,000. HORAN Wealth LLC purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the second quarter valued at $607,000. Janney Montgomery Scott LLC purchased a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter worth about $410,000. United Community Bank acquired a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 2nd quarter worth about $293,000. Finally, NBH Bank purchased a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter worth approximately $85,000.

About iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

(Get Free Report)

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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