iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Short Interest Up 1,313.6% in May

by · The Markets Daily

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 34,929 shares, an increase of 1,313.6% from the May 14th total of 2,471 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 69,163 shares, the days-to-cover ratio is currently 0.5 days.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Up 0.1%

LQDW traded up $0.03 during trading on Tuesday, reaching $23.80. The stock had a trading volume of 85,012 shares, compared to its average volume of 64,051. The business has a 50-day moving average of $23.97 and a 200-day moving average of $24.37. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a one year low of $23.60 and a one year high of $25.60.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of LQDW. Triumph Capital Management bought a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the third quarter worth about $201,000. Private Trust Co. NA grew its stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the fourth quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the first quarter worth about $410,000.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading