iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Update

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 136,917 shares, a growth of 70.6% from the May 14th total of 80,239 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 181,018 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. NBT Bank N A NY raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock valued at $58,000 after purchasing an additional 1,094 shares in the last quarter. Triumph Capital Management bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $67,000. Adalta Capital Management LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $396,000. Parallel Advisors LLC raised its holdings in shares of 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 in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% during the 4th quarter. Arkadios Wealth Advisors now owns 18,571 shares of the company’s stock valued at $942,000 after purchasing an additional 3,362 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ:SLQD traded up $0.01 during trading on Monday, reaching $50.30. 118,486 shares of the company traded hands, compared to its average volume of 246,665. The firm has a fifty day simple moving average of $50.37 and a 200 day simple moving average of $50.58. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.13 and a 1-year high of $50.99.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.1844 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.