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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 124,100 shares, an increase of 228.0% from the November 30th total of 37,841 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 162,546 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 162,546 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the company’s stock are short sold.

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

Several hedge funds have recently modified their holdings of SLQD. Triumph Capital Management purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $67,000. IFP Advisors Inc lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.5% during the third quarter. IFP Advisors Inc now owns 54,182 shares of the company’s stock valued at $2,754,000 after acquiring an additional 5,582 shares during the last quarter. Adalta Capital Management LLC acquired a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $396,000. Ameriprise Financial Inc. grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.6% in the third quarter. Ameriprise Financial Inc. now owns 936,991 shares of the company’s stock worth $47,617,000 after purchasing an additional 49,354 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 114.6% in the third quarter. Parallel Advisors LLC now owns 9,945 shares of the company’s stock worth $506,000 after purchasing an additional 5,310 shares during the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ:SLQD opened at $50.69 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.59 and a 12-month high of $50.94. The business’s fifty day simple moving average is $50.74 and its 200-day simple moving average is $50.64.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1838 dividend. This represents a c) annualized dividend and a yield of 4.4%. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, December 19th.

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.