SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) Short Interest Down 79.7% in February

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 1,032 shares, a decline of 79.7% from the January 29th total of 5,087 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,197 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 1,197 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are short sold.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Stock Up 0.1%

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF stock traded up $0.10 during midday trading on Thursday, reaching $97.04. The company’s stock had a trading volume of 593 shares, compared to its average volume of 6,408. The business has a 50-day simple moving average of $96.16 and a 200-day simple moving average of $96.44. SPDR MarketAxess Investment Grade 400 Corporate Bond ETF has a fifty-two week low of $91.09 and a fifty-two week high of $98.19.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.3389 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Company Profile

The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of 400 highly liquid, investment grade, corporate USD-denominated bonds. The index selects constituents using a proprietary methodology that favors bonds with greater liquidity, and weights individual bonds by market value. LQIG was launched on May 11, 2022 and is managed by State Street.