Short Interest in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Increases By 294.0%

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 6,466 shares, an increase of 294.0% from the May 31st total of 1,641 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 8,977 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LQDI. Osaic Holdings Inc. raised its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 537.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after buying an additional 4,254 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF in the second quarter valued at approximately $141,000. Bank of America Corp DE boosted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% in the third quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock valued at $234,000 after buying an additional 2,455 shares in the last quarter. ABLE Financial Group LLC grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 7.7% during the fourth quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock worth $267,000 after acquiring an additional 722 shares during the period. Finally, Jane Street Group LLC acquired a new position in iShares Inflation Hedged Corporate Bond ETF during the second quarter worth $472,000.

iShares Inflation Hedged Corporate Bond ETF Trading Up 0.2%

Shares of iShares Inflation Hedged Corporate Bond ETF stock opened at $26.37 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 52-week low of $25.85 and a 52-week high of $27.20. The company’s 50-day simple moving average is $26.41 and its 200-day simple moving average is $26.43.

About iShares Inflation Hedged Corporate Bond ETF

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk. LQDI was launched on May 8, 2018 and is managed by BlackRock.