iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Sees Large Decrease in Short Interest

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 2,471 shares, a decline of 94.7% from the April 30th total of 46,462 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 58,094 shares, the days-to-cover ratio is currently 0.0 days.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance

Shares of LQDW traded up $0.03 during mid-day trading on Wednesday, reaching $23.93. The company had a trading volume of 95,730 shares, compared to its average volume of 64,913. The firm has a 50-day moving average price of $24.00 and a 200 day moving average price of $24.43. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 52 week low of $23.60 and a 52 week high of $25.69.

Institutional Trading of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of hedge funds have recently made changes to their positions in LQDW. Triumph Capital Management bought a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 3rd quarter worth approximately $201,000. Private Trust Co. NA boosted its position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% in the 4th quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after purchasing an additional 6,000 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 1st quarter worth approximately $410,000. Finally, Prime Capital Investment Advisors LLC boosted its position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 6.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 335,819 shares of the company’s stock worth $8,486,000 after purchasing an additional 19,899 shares in the last quarter.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.