iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 25.7% in August

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 178,400 shares, a growth of 25.7% from the August 15th total of 141,900 shares. Based on an average trading volume of 192,300 shares, the short-interest ratio is presently 0.9 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1 %

Shares of SLQD stock traded up $0.06 during trading on Friday, reaching $50.32. The company had a trading volume of 140,799 shares, compared to its average volume of 223,984. The firm’s 50 day simple moving average is $49.84 and its two-hundred day simple moving average is $49.34. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $47.65 and a one year high of $50.35.

iShares 0-5 Year Investment Grade Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SLQD. Christopher J. Hasenberg Inc bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $31,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $41,000. Atlas Capital Advisors LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $57,000. LRI Investments LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $96,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $124,000.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.