iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 40.8% in September

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 105,700 shares, a drop of 40.8% from the August 31st total of 178,400 shares. Based on an average daily volume of 198,800 shares, the days-to-cover ratio is presently 0.5 days.

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

NASDAQ SLQD traded up $0.11 during midday trading on Friday, hitting $50.46. The company had a trading volume of 134,875 shares, compared to its average volume of 225,232. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $47.65 and a fifty-two week high of $50.46. The firm has a fifty day simple moving average of $50.02 and a two-hundred day simple moving average of $49.43.

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

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 4,049.8% during the 4th 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 during the period. Fairview Capital Investment Management LLC grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.2% during the 4th quarter. Fairview Capital Investment Management LLC now owns 91,750 shares of the company’s stock worth $4,514,000 after purchasing an additional 4,525 shares in the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $41,000. Strategic Advocates LLC grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.5% during the 1st quarter. Strategic Advocates LLC now owns 17,937 shares of the company’s stock worth $883,000 after purchasing an additional 780 shares in the last quarter. Finally, Sierra Capital LLC increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 37.7% in the first quarter. Sierra Capital LLC now owns 105,036 shares of the company’s stock valued at $5,170,000 after acquiring an additional 28,749 shares during the last quarter.

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.