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) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 248,100 shares, a growth of 158.2% from the May 31st total of 96,100 shares. Based on an average trading volume of 183,800 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SLQD. Christopher J. Hasenberg Inc purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at about $31,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $41,000. LRI Investments LLC acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the first quarter worth about $96,000. Private Trust Co. NA grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 87.8% during the fourth quarter. Private Trust Co. NA now owns 3,786 shares of the company’s stock worth $186,000 after buying an additional 1,770 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 4,049.8% during the fourth quarter. BNP Paribas Financial Markets now owns 9,918 shares of the company’s stock worth $488,000 after buying an additional 9,679 shares in the last quarter.

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

iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.01 during midday trading on Friday, reaching $49.25. 228,646 shares of the stock traded hands, compared to its average volume of 239,313. The company has a 50-day simple moving average of $49.09 and a two-hundred day simple moving average of $49.09. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $47.65 and a 12-month high of $49.41.

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

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a dividend of $0.1512 per share. This represents a $1.81 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date was Monday, June 3rd.

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.