Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Rises By 228.0%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 124,100 shares, an increase of 228.0% from the November 30th total of 37,841 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 162,546 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 162,546 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

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

Shares of SLQD stock opened at $50.67 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.59 and a fifty-two week high of $50.94. The company has a 50 day moving average price of $50.74 and a 200 day moving average price of $50.63.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.1838 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, December 19th. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Triumph Capital Management acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $67,000. Valley Wealth Managers Inc. grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock valued at $82,000 after buying an additional 847 shares during the last quarter. Sound Income Strategies LLC increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 742.9% during the 3rd quarter. Sound Income Strategies LLC now owns 2,495 shares of the company’s stock worth $126,000 after purchasing an additional 2,199 shares in the last quarter. Parallel Advisors LLC raised its position in shares of 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 buying an additional 1,900 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 36.9% during the second quarter. AdvisorNet Financial Inc now owns 4,690 shares of the company’s stock worth $237,000 after buying an additional 1,265 shares during the period.

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.