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) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 61,500 shares, an increase of 659.3% from the January 31st total of 8,100 shares. Based on an average daily volume of 216,000 shares, the short-interest ratio is currently 0.3 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $31,381,000. Greenup Street Wealth Management LLC raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 88.9% in the fourth quarter. Greenup Street Wealth Management LLC now owns 631,455 shares of the company’s stock worth $31,409,000 after acquiring an additional 297,120 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock valued at $7,048,000 after acquiring an additional 93,666 shares during the period. Sierra Capital LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% in the 4th quarter. Sierra Capital LLC now owns 134,622 shares of the company’s stock valued at $6,696,000 after purchasing an additional 41,186 shares in the last quarter. Finally, Bramshill Investments LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.3% in the 4th quarter. Bramshill Investments LLC now owns 359,967 shares of the company’s stock valued at $17,905,000 after purchasing an additional 36,416 shares in the last quarter.

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

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF stock remained flat at $50.16 during trading on Thursday. The stock had a trading volume of 371,759 shares, compared to its average volume of 226,504. The company has a fifty day moving average price of $49.83 and a 200-day moving average price of $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $48.70 and a 52-week high of $50.46.

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

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.164 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

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.