iShares Broad USD Investment Grade Corporate Bond ETF ( NASDAQ:USIG – Get Free Report ) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 173,400 shares, a drop of 29.8% from the June 30th total of 247,000 shares. Based on an average trading volume of 895,600 shares, the days-to-cover ratio is presently 0.2 days. Institutional Inflows and Outflows A number of hedge funds have recently made changes to their positions in USIG. Caprin Asset Management LLC ADV purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the fourth quarter valued at $29,000.

https://www.dailypolitical.com/2023/07/29/ishares-broad-usd-investment-grade-corporate-bond-etf-nasdaqusig-short-interest-update.html

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