iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 44.4% in December

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 153,200 shares, a decrease of 44.4% from the November 30th total of 275,500 shares. Based on an average daily volume of 261,300 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

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

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

SLQD stock opened at $49.67 on Friday. The stock has a 50-day simple moving average of $49.87 and a two-hundred day simple moving average of $49.83. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $48.70 and a twelve month high of $50.46.

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

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1654 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost 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.