iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Sees Significant Increase in Short Interest

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 12,148 shares, a growth of 87.9% from the June 15th total of 6,466 shares. Based on an average daily volume of 13,139 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of LQDI. NewEdge Advisors LLC grew its stake in iShares Inflation Hedged Corporate Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after acquiring an additional 1,186 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 126.2% during the first quarter. Bank of America Corp DE now owns 18,281 shares of the company’s stock worth $478,000 after purchasing an additional 10,199 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% during the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock worth $2,757,000 after purchasing an additional 3,901 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of iShares Inflation Hedged Corporate Bond ETF by 3.3% in the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock valued at $696,000 after purchasing an additional 846 shares during the period. Finally, MML Investors Services LLC grew its position in shares of iShares Inflation Hedged Corporate Bond ETF by 22.2% in the fourth quarter. MML Investors Services LLC now owns 309,302 shares of the company’s stock valued at $8,190,000 after purchasing an additional 56,129 shares during the period.

iShares Inflation Hedged Corporate Bond ETF Trading Up 0.1%

BATS:LQDI opened at $26.04 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 1-year low of $25.85 and a 1-year high of $27.20. The company’s 50-day moving average is $26.31 and its two-hundred day moving average is $26.39.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.