iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Update

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 337,600 shares, an increase of 44.6% from the October 31st total of 233,500 shares. Based on an average daily volume of 258,000 shares, the short-interest ratio is currently 1.3 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Price Performance

SLQD stock traded up $0.08 during mid-day trading on Friday, reaching $50.05. The company had a trading volume of 136,107 shares, compared to its average volume of 232,753. The firm has a 50 day moving average of $50.02 and a 200 day moving average of $49.74. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $48.56 and a 12 month high of $50.46.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.1595 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.91 annualized dividend and a yield of 3.82%. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.15.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Strategic Advocates LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% during the second quarter. Strategic Advocates LLC now owns 18,363 shares of the company’s stock valued at $904,000 after buying an additional 426 shares during the period. BNP Paribas Financial Markets increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock valued at $137,000 after purchasing an additional 1,006 shares during the period. Atlas Capital Advisors LLC bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $57,000. LRI Investments LLC bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at about $96,000. Finally, Arkadios Wealth Advisors lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after purchasing an additional 2,337 shares during the period.

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.