Short Interest in iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Decreases By 34.5%

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 939 shares, a drop of 34.5% from the May 14th total of 1,433 shares. Based on an average daily volume of 2,152 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Trading Up 0.1%

LDRH traded up $0.02 during trading on Wednesday, hitting $24.68. 979 shares of the company’s stock traded hands, compared to its average volume of 3,555. The company’s 50 day simple moving average is $24.68 and its two-hundred day simple moving average is $24.80. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 12-month low of $24.39 and a 12-month high of $25.88. The stock has a market capitalization of $7.90 million, a price-to-earnings ratio of -34.76 and a beta of 0.10.

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.