iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Significant Decrease in Short Interest

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 87,300 shares, a decrease of 54.3% from the September 30th total of 190,888 shares. Based on an average trading volume of 184,316 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the 3rd quarter valued at approximately $2,823,000. Parcion Private Wealth LLC raised its holdings in iShares Aaa – A Rated Corporate Bond ETF by 5.2% during the 3rd quarter. Parcion Private Wealth LLC now owns 447,984 shares of the company’s stock valued at $20,155,000 after acquiring an additional 22,149 shares during the period. Fonville Wealth Management LLC lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 0.8% during the third quarter. Fonville Wealth Management LLC now owns 224,640 shares of the company’s stock worth $10,107,000 after acquiring an additional 1,680 shares in the last quarter. Sterling Investment Advisors LLC ADV purchased a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the third quarter worth $8,352,000. Finally, Park Avenue Securities LLC purchased a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the third quarter worth $380,000.

iShares Aaa – A Rated Corporate Bond ETF Trading Up 0.1%

Shares of QLTA stock traded up $0.06 during trading hours on Friday, hitting $45.90. 105,626 shares of the company were exchanged, compared to its average volume of 310,374. The firm has a fifty day simple moving average of $45.71 and a 200 day simple moving average of $47.06. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $44.43 and a 52-week high of $48.74.

About iShares Aaa – A Rated Corporate Bond ETF

(Get Free Report)

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.

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