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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 423,001 shares, a growth of 944.1% from the July 30th total of 40,515 shares. Based on an average daily trading volume, of 212,664 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.9% of the company’s shares are sold short.

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

A number of institutional investors have recently made changes to their positions in the stock. Cary Street Partners Financial LLC grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% in the fourth quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock worth $1,362,000 after purchasing an additional 389 shares during the last quarter. Highland Investment Advisors LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth $25,000. NBT Bank N A NY grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after acquiring an additional 1,094 shares during the last quarter. Triumph Capital Management purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at about $67,000. Finally, Parallel Advisors LLC increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock valued at $574,000 after acquiring an additional 1,432 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ SLQD traded up $0.09 during midday trading on Tuesday, reaching $50.24. The company had a trading volume of 152,019 shares, compared to its average volume of 239,054. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $50.00 and a one year high of $50.99. The firm’s fifty day moving average price is $50.18 and its 200-day moving average price is $50.38.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.1869 dividend. The ex-dividend date was Monday, August 3rd. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 4.5%.

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.