iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 25.0% in February

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 46,100 shares, a drop of 25.0% from the February 13th total of 61,500 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 229,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SLQD. Atlas Capital Advisors Inc. purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $70,000. BNP Paribas Financial Markets increased its holdings 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 worth $137,000 after buying an additional 1,006 shares during the period. AdvisorNet Financial Inc purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $140,000. Sunbelt Securities Inc. lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.0% during the 4th quarter. Sunbelt Securities Inc. now owns 3,354 shares of the company’s stock valued at $167,000 after acquiring an additional 627 shares during the period. Finally, Avior Wealth Management LLC purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $209,000.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Down 0.0 %

NASDAQ SLQD opened at $50.02 on Friday. The firm’s fifty day simple moving average is $49.93 and its two-hundred day simple moving average is $49.98. 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.

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

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1673 per share. This is an increase 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, March 3rd.

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.