iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Update

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,307 shares, a decrease of 60.7% from the January 15th total of 3,323 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 5,813 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 5,813 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares BBB Rated Corporate Bond ETF

Institutional investors have recently modified their holdings of the company. Harbour Investments Inc. grew its position in iShares BBB Rated Corporate Bond ETF by 146.0% in the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after purchasing an additional 584 shares during the period. Integrated Wealth Concepts LLC lifted its stake in iShares BBB Rated Corporate Bond ETF by 4.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,950 shares of the company’s stock valued at $598,000 after acquiring an additional 300 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in iShares BBB Rated Corporate Bond ETF during the 4th quarter worth $1,790,000. Citadel Advisors LLC grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 8.2% in the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after acquiring an additional 1,706 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of iShares BBB Rated Corporate Bond ETF by 41.9% during the fourth quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock valued at $2,488,000 after purchasing an additional 8,433 shares in the last quarter.

iShares BBB Rated Corporate Bond ETF Price Performance

Shares of NYSEARCA LQDB traded up $0.28 during trading on Thursday, hitting $87.77. 155 shares of the company traded hands, compared to its average volume of 5,712. The business’s fifty day moving average is $87.35 and its 200 day moving average is $87.48. iShares BBB Rated Corporate Bond ETF has a fifty-two week low of $82.73 and a fifty-two week high of $88.86.

iShares BBB Rated Corporate Bond ETF Company Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.