LQDH Stock Summary and Trading Ideas (iShares Interest Rate Hedged Corporate Bond ETF | ARCA:LQDH)

The iShares Interest Rate Hedged Corporate Bond ETF seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, investment grade corporate bonds.

iShares Interest Rate Hedged Corporate Bond ETF trades on the ARCA stock market under the symbol LQDH.

As of April 17, 2024, LQDH stock price climbed to $93.29 with 6,784 million shares trading.

LQDH has a beta of 0.11, meaning it tends to be less sensitive to market movements. LQDH has a correlation of 0.19 to the broad based SPY ETF.

LQDH has a market cap of $321.85 million. This is considered a Small Cap stock.

In the last 3 years, LQDH stock traded as high as $96.92 and as low as $87.37.

LQDH has underperformed the market in the last year with a return of +10.0%, while the SPY ETF gained +23.0%. In the last 3 month period, LQDH fell short of the market, returning +1.8%, while SPY returned +5.7%. However, in the most recent 2 weeks LQDH has outperformed the stock market by returning -0.2%, while SPY returned -3.5%.

LQDH support price is $93.00 and resistance is $93.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LQDH stock will trade within this expected range on the day.