iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Decrease in Short Interest

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 64,095 shares, a drop of 68.4% from the April 15th total of 203,121 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 825,448 shares, the days-to-cover ratio is presently 0.1 days.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

Shares of QLTA stock remained flat at $47.36 during trading hours on Thursday. The stock had a trading volume of 116,668 shares, compared to its average volume of 381,717. The stock has a fifty day moving average price of $47.63 and a 200 day moving average price of $48.07. iShares Aaa – A Rated Corporate Bond ETF has a 1-year low of $46.39 and a 1-year high of $49.02.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GC Wealth Management RIA LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the first quarter worth about $301,000. Keebeck Wealth Management purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 1st quarter valued at approximately $387,000. Dynamic Wealth Strategies LLC lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 5.5% during the 1st quarter. Dynamic Wealth Strategies LLC now owns 28,567 shares of the company’s stock worth $1,360,000 after acquiring an additional 1,500 shares during the period. Signature Equity Partners LLC grew its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 250.0% in the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock valued at $26,000 after purchasing an additional 395 shares during the last quarter. Finally, Petra Financial Advisors Inc. increased its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 3.9% in the first quarter. Petra Financial Advisors Inc. now owns 59,099 shares of the company’s stock valued at $2,813,000 after purchasing an additional 2,211 shares during the period.

About iShares Aaa – A Rated Corporate Bond ETF

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.