Short Interest in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Expands By 219.2%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 224,587 shares, a growth of 219.2% from the May 14th total of 70,361 shares. Based on an average daily volume of 356,002 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.7% of the shares of the company are short sold.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

NYSEARCA:QLTA opened at $47.49 on Friday. iShares Aaa – A Rated Corporate Bond ETF has a 12-month low of $46.78 and a 12-month high of $49.02. The business has a 50 day simple moving average of $47.51 and a 200 day simple moving average of $47.92.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Signature Equity Partners LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 250.0% during the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock worth $26,000 after acquiring an additional 395 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth $34,000. Palladiem LLC acquired a new position in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter worth $35,000. WealthShield Partners LLC acquired a new position in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter worth $48,000. Finally, Bogart Wealth LLC acquired a new position in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter worth $59,000.

About iShares Aaa – A Rated Corporate Bond ETF

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.