SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG) Short Interest Update
by Teresa Graham · The Cerbat GemSPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSEARCA:LQIG – Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,361 shares, a growth of 19.6% from the February 26th total of 1,138 shares. Based on an average trading volume of 1,626 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the shares of the stock are sold short.
SPDR MarketAxess Investment Grade 400 Corporate Bond ETF Stock Performance
NYSEARCA:LQIG opened at $94.74 on Wednesday. The company has a fifty day moving average of $95.75 and a two-hundred day moving average of $96.28. SPDR MarketAxess Investment Grade 400 Corporate Bond ETF has a fifty-two week low of $91.09 and a fifty-two week high of $98.19.
About SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of 400 highly liquid, investment grade, corporate USD-denominated bonds. The index selects constituents using a proprietary methodology that favors bonds with greater liquidity, and weights individual bonds by market value. LQIG was launched on May 11, 2022 and is managed by State Street.