iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 29,894 shares, a decline of 21.1% from the January 29th total of 37,883 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 56,951 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 56,951 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are sold short.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

LQDH stock opened at $92.51 on Monday. The firm has a 50 day moving average of $93.48 and a 200-day moving average of $93.28. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $88.08 and a 12 month high of $94.38.

Hedge Funds Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Spire Wealth Management increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after buying an additional 251 shares during the period. Harbor Asset Planning Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth $42,000. Kestra Advisory Services LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at about $119,000. PNC Financial Services Group Inc. raised its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 38.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,364 shares of the company’s stock valued at $126,000 after acquiring an additional 382 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the second quarter worth about $135,000.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.