iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Short Interest Update

by · The Markets Daily

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 116 shares, a growth of ∞ from the June 30th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,929 shares, the short-interest ratio is presently 0.0 days.

iShares BBB Rated Corporate Bond ETF Price Performance

Shares of iShares BBB Rated Corporate Bond ETF stock traded down $0.32 on Wednesday, reaching $84.80. The company had a trading volume of 780 shares, compared to its average volume of 4,858. The firm’s 50 day moving average price is $85.93 and its two-hundred day moving average price is $86.56. iShares BBB Rated Corporate Bond ETF has a 52-week low of $84.68 and a 52-week high of $88.86.

Hedge Funds Weigh In On iShares BBB Rated Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LQDB. Royal Bank of Canada purchased a new stake in iShares BBB Rated Corporate Bond ETF in the first quarter valued at $334,000. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares BBB Rated Corporate Bond ETF by 1.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock worth $656,000 after purchasing an additional 125 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock worth $2,488,000 after acquiring an additional 8,433 shares during the period. Goldman Sachs Group Inc. purchased a new stake in iShares BBB Rated Corporate Bond ETF in the 4th quarter valued at approximately $1,790,000. Finally, Harbour Investments Inc. boosted its stake in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after buying an additional 584 shares in the last quarter.

About iShares BBB Rated Corporate Bond ETF

(Get Free Report)

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.

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