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) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 337,600 shares, a growth of 44.6% from the October 31st total of 233,500 shares. Based on an average daily trading volume, of 258,000 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SLQD. Atlas Capital Advisors LLC acquired a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $57,000. LRI Investments LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at $96,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth about $124,000. BNP Paribas Financial Markets raised 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 valued at $137,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $512,000.

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

NASDAQ SLQD traded up $0.08 during trading hours on Friday, reaching $50.05. The company’s stock had a trading volume of 136,107 shares, compared to its average volume of 232,753. The company’s 50-day moving average is $50.02 and its two-hundred day moving average is $49.74. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $48.56 and a fifty-two week high of $50.46.

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

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1595 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a dividend yield of 3.82%.

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.