Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Decreases By 18.4%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 275,500 shares, a drop of 18.4% from the November 15th total of 337,600 shares. Based on an average trading volume of 266,600 shares, the days-to-cover ratio is currently 1.0 days.

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

Several hedge funds have recently modified their holdings of the company. Atlas Capital Advisors LLC acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $57,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $124,000. BNP Paribas Financial Markets boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock worth $137,000 after purchasing an additional 1,006 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $512,000. Finally, Waterloo Capital L.P. increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 340.9% during the 2nd quarter. Waterloo Capital L.P. now owns 91,738 shares of the company’s stock valued at $4,518,000 after purchasing an additional 70,931 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ:SLQD traded down $0.03 on Friday, reaching $49.92. The company had a trading volume of 125,223 shares, compared to its average volume of 232,568. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $48.70 and a 52-week high of $50.46. The firm’s 50 day simple moving average is $49.94 and its 200-day simple moving average is $49.79.

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

The company also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.1616 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16.

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.