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

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDWGet Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 34,929 shares, an increase of 1,313.6% from the May 14th total of 2,471 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 69,163 shares, the short-interest ratio is presently 0.5 days.

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

A number of hedge funds have recently modified their holdings of LQDW. Triumph Capital Management acquired a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third quarter worth $201,000. Private Trust Co. NA lifted its holdings in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% during the fourth quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after purchasing an additional 6,000 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the first quarter worth $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

BATS:LQDW opened at $23.80 on Wednesday. The stock’s 50-day moving average is $23.97 and its 200-day moving average is $24.37. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 1-year low of $23.60 and a 1-year high of $25.60.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

(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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