iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Large Decline in Short Interest

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

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

Shares of NASDAQ:SLQD traded down $0.03 on Friday, hitting $49.92. 125,223 shares of the company’s stock were exchanged, compared to its average volume of 232,568. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $48.70 and a 1-year high of $50.46. The firm’s 50-day moving average is $49.94 and its 200 day moving average is $49.80.

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

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

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SLQD. Atlas Capital Advisors LLC acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $57,000. Ashton Thomas Private Wealth LLC acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at $124,000. BNP Paribas Financial Markets grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the third 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 during 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% during 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 in 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.