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

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 19,466 shares, an increase of 79.2% from the August 15th total of 10,863 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 55,368 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of LQDW. NBH Bank bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the second quarter valued at about $85,000. United Community Bank bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter valued at approximately $293,000. Janney Montgomery Scott LLC purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the first quarter valued at approximately $410,000. HORAN Wealth LLC bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the second quarter worth approximately $607,000. Finally, Roble Belko & Company Inc bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the second quarter worth approximately $3,808,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

Shares of BATS LQDW opened at $22.89 on Wednesday. The company has a 50 day moving average of $23.38 and a 200 day moving average of $23.80. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a twelve month low of $22.87 and a twelve month high of $25.42.

About iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

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.