iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Significant Decrease in Short Interest

by · The Markets Daily

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 87,300 shares, a drop of 54.3% from the September 30th total of 190,888 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 184,316 shares, the short-interest ratio is currently 0.5 days.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

iShares Aaa – A Rated Corporate Bond ETF stock traded up $0.06 during midday trading on Friday, hitting $45.90. 105,626 shares of the company’s stock were exchanged, compared to its average volume of 310,374. The stock has a 50-day moving average price of $45.71 and a two-hundred day moving average price of $47.06. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $44.43 and a 52-week high of $48.74.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Large investors have recently modified their holdings of the business. Signature Equity Partners LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 250.0% in the first quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock worth $26,000 after purchasing an additional 395 shares during the last quarter. IFP Advisors Inc lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 96.3% during the third quarter. IFP Advisors Inc now owns 1,445 shares of the company’s stock valued at $65,000 after purchasing an additional 709 shares during the last quarter. Eastern Bank bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the third quarter valued at approximately $94,000. PNC Financial Services Group Inc. lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 46.5% during the first quarter. PNC Financial Services Group Inc. now owns 2,818 shares of the company’s stock valued at $134,000 after purchasing an additional 895 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the first quarter valued at approximately $139,000.

About iShares Aaa – A Rated Corporate Bond ETF

(Get Free Report)

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.

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