iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Sees Large Decrease in Short Interest

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,471 shares, a drop of 94.7% from the April 30th total of 46,462 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 58,094 shares, the days-to-cover ratio is currently 0.0 days.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Up 0.1%

Shares of BATS LQDW traded up $0.03 during trading hours on Wednesday, hitting $23.93. The company’s stock had a trading volume of 95,730 shares, compared to its average volume of 64,913. The business has a 50-day simple moving average of $24.00 and a 200-day simple moving average of $24.43. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 12 month low of $23.60 and a 12 month high of $25.69.

Institutional Trading of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

Several large investors have recently bought and sold shares of LQDW. Prime Capital Investment Advisors LLC boosted its position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 6.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 335,819 shares of the company’s stock valued at $8,486,000 after acquiring an additional 19,899 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter valued at approximately $410,000. Triumph Capital Management bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 3rd quarter valued at approximately $201,000. Finally, Private Trust Co. NA boosted its position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% during the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock valued at $285,000 after acquiring an additional 6,000 shares in the last quarter.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.