iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,561 shares, a drop of 99.1% from the November 30th total of 606,980 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 45,122 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 45,122 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1%

NYSEARCA:LQDH traded up $0.09 during mid-day trading on Thursday, hitting $93.30. The stock had a trading volume of 14,301 shares, compared to its average volume of 48,398. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $88.08 and a twelve month high of $94.44. The company’s 50 day simple moving average is $93.22 and its 200 day simple moving average is $92.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LQDH. Bank of Montreal Can grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 0.6% in the second quarter. Bank of Montreal Can now owns 53,708 shares of the company’s stock valued at $4,963,000 after acquiring an additional 336 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock valued at $160,000 after purchasing an additional 348 shares during the period. Wealthcare Advisory Partners LLC grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,513 shares of the company’s stock worth $417,000 after purchasing an additional 351 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 16.1% during the third quarter. Diversify Advisory Services LLC now owns 2,539 shares of the company’s stock worth $237,000 after purchasing an additional 352 shares during the period. Finally, Vista Cima Wealth Management LLC increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 14.9% during the first quarter. Vista Cima Wealth Management LLC now owns 2,734 shares of the company’s stock worth $252,000 after purchasing an additional 354 shares during the period.

About iShares Interest Rate Hedged Corporate Bond ETF

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.