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 significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 101,800 shares, an increase of 75.2% from the August 31st total of 58,100 shares. Based on an average daily volume of 249,300 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 249,300 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of iShares 0-5 Year Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the first quarter valued at approximately $32,000. Parallel Advisors LLC raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 69.5% in the second quarter. Parallel Advisors LLC now owns 4,635 shares of the company’s stock valued at $234,000 after purchasing an additional 1,900 shares during the period. AdvisorNet Financial Inc raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 36.9% in the second quarter. AdvisorNet Financial Inc now owns 4,690 shares of the company’s stock valued at $237,000 after purchasing an additional 1,265 shares during the period. L.M. Kohn & Company purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at approximately $289,000. Finally, Ameriflex Group Inc. grew its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.3% in the second quarter. Ameriflex Group Inc. now owns 5,782 shares of the company’s stock worth $292,000 after acquiring an additional 934 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ SLQD opened at $50.70 on Tuesday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $49.53 and a 52-week high of $50.90. The business’s 50 day moving average is $50.69 and its two-hundred day moving average is $50.39.

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

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.179 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.