Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Expands By 45.7%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 194,471 shares, a growth of 45.7% from the January 29th total of 133,507 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 215,556 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 215,556 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Trading of iShares 0-5 Year Investment Grade Corporate Bond ETF

Hedge funds have recently bought and sold shares of the stock. Triumph Capital Management bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $67,000. Valley Wealth Managers Inc. lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% in the third quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock valued at $82,000 after acquiring an additional 847 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 742.9% in the third quarter. Sound Income Strategies LLC now owns 2,495 shares of the company’s stock worth $126,000 after acquiring an additional 2,199 shares during the period. Adalta Capital Management LLC purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $396,000. Finally, Parallel Advisors LLC raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 114.6% during the 3rd quarter. Parallel Advisors LLC now owns 9,945 shares of the company’s stock valued at $506,000 after purchasing an additional 5,310 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.5%

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.27 during trading hours on Monday, reaching $50.71. 51,561 shares of the stock traded hands, compared to its average volume of 208,279. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.61 and a one year high of $50.99. The company has a 50 day moving average price of $50.78 and a 200 day moving average price of $50.76.

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

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be paid a $0.1803 dividend. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.