Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Expands By 659.3%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 61,500 shares, an increase of 659.3% from the January 31st total of 8,100 shares. Based on an average trading volume of 216,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SLQD. Arkadios Wealth Advisors increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the third quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after buying an additional 2,337 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 16.5% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 107,720 shares of the company’s stock worth $5,432,000 after acquiring an additional 15,238 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 380,695 shares of the company’s stock worth $19,198,000 after purchasing an additional 23,786 shares in the last quarter. BNP Paribas Financial Markets raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the third quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock valued at $137,000 after purchasing an additional 1,006 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% in the third quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock valued at $7,048,000 after purchasing an additional 93,666 shares during the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.2 %

SLQD traded up $0.08 during trading on Friday, hitting $50.24. 210,630 shares of the stock traded hands, compared to its average volume of 210,762. The business has a 50 day moving average price of $49.86 and a 200 day moving average price of $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $48.70 and a twelve month high of $50.46.

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

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.164 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

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.