Short Interest in iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Expands By 75.5%

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 272 shares, an increase of 75.5% from the February 26th total of 155 shares. Based on an average daily trading volume, of 3,507 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Stock Down 0.2%

Shares of NYSEARCA LDRH traded down $0.04 during trading on Friday, reaching $24.48. 3,399 shares of the company traded hands, compared to its average volume of 4,117. The firm has a 50 day simple moving average of $24.83 and a 200-day simple moving average of $24.93. The stock has a market capitalization of $7.34 million, a PE ratio of -34.48 and a beta of 0.28. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 52-week low of $23.83 and a 52-week high of $25.88.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Company Profile

The iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds, tracking an equally-weighted index that staggers maturities across a portfolio of underlying iShares iBonds High Yield and Income ETFs, all maturing within six years. Each underlying fund comprises USD-denominated, high yield and BBB-rated corporate bonds maturing annually. LDRH was launched on Nov 7, 2024 and is issued by BlackRock.