iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Significant Increase in Short Interest

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 trading volume of 216,000 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.0% in the fourth quarter. Sunbelt Securities Inc. now owns 3,354 shares of the company’s stock valued at $167,000 after purchasing an additional 627 shares in the last quarter. Novem Group acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $219,000. Colonial Trust Co SC boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.3% during the fourth quarter. Colonial Trust Co SC now owns 149,779 shares of the company’s stock worth $7,450,000 after buying an additional 7,577 shares during the period. Bramshill Investments LLC boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.3% during the fourth quarter. Bramshill Investments LLC now owns 359,967 shares of the company’s stock worth $17,905,000 after buying an additional 36,416 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $1,405,000.

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

Shares of NASDAQ:SLQD 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. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $48.70 and a 12-month high of $50.46. The stock has a fifty day moving average of $49.83 and a two-hundred day moving average of $49.97.

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

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.164 per share. 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.