iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Shares Shorted: Short Interest Up 2,317.1% in October

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,656 shares, a growth of 2,317.1% from the September 30th total of 234 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 73,162 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Down 0.6%

LDRC traded down $0.14 on Monday, hitting $24.59. 16,709 shares of the company traded hands, compared to its average volume of 25,401. The company has a 50 day moving average of $24.79 and a 200-day moving average of $25.12. iShares iBonds 1-5 Year Corporate Ladder ETF has a 12-month low of $24.46 and a 12-month high of $26.61.

About iShares iBonds 1-5 Year Corporate Ladder ETF

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