Short Interest in iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Declines By 64.8%

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 3,219 shares, a decrease of 64.8% from the April 15th total of 9,147 shares. Based on an average trading volume of 10,072 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

iShares iBonds 1-5 Year Corporate Ladder ETF Price Performance

Shares of iShares iBonds 1-5 Year Corporate Ladder ETF stock traded down $0.06 during trading hours on Friday, hitting $25.09. The company’s stock had a trading volume of 10,514 shares, compared to its average volume of 22,600. iShares iBonds 1-5 Year Corporate Ladder ETF has a 1-year low of $25.00 and a 1-year high of $26.61. The business has a fifty day moving average of $25.23 and a 200 day moving average of $25.32.

iShares iBonds 1-5 Year Corporate Ladder ETF Company Profile

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.