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 significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 275,500 shares, a decrease 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.

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

Shares of SLQD stock traded down $0.03 during trading hours on Friday, reaching $49.92. 125,223 shares of the stock were exchanged, compared to its average volume of 232,568. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $48.70 and a 12-month high of $50.46. The company’s 50-day moving average price is $49.94 and its 200-day moving average price is $49.79.

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

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.1616 per share. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, December 2nd.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its stake 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 valued at $137,000 after acquiring an additional 1,006 shares in the last quarter. Atlas Capital Advisors LLC purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth $57,000. Arkadios Wealth Advisors grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after buying an additional 2,337 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at $124,000. Finally, TIAA Trust National Association lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.2% in the second quarter. TIAA Trust National Association now owns 504,976 shares of the company’s stock worth $24,870,000 after acquiring an additional 10,871 shares during the period.

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.