iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Update

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 4,286 shares, an increase of 589.1% from the July 15th total of 622 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,432 shares, the short-interest ratio is presently 1.0 days.

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

Shares of LDRH traded up $0.05 during midday trading on Thursday, hitting $24.55. The company had a trading volume of 6,093 shares, compared to its average volume of 7,176. The stock has a market cap of $22.59 million, a price-to-earnings ratio of -34.58 and a beta of 0.10. The company’s 50 day moving average price is $24.56 and its 200 day moving average price is $24.68. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 52 week low of $24.39 and a 52 week high of $25.30.

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

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.