Short Interest in iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) Drops By 47.5%

iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 10,528 shares, a decrease of 47.5% from the February 26th total of 20,058 shares. Based on an average trading volume of 56,918 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the company’s stock are short sold.

iShares iBonds 1-5 Year Treasury Ladder ETF Stock Performance

Shares of iShares iBonds 1-5 Year Treasury Ladder ETF stock traded up $0.04 during midday trading on Friday, hitting $25.16. The company had a trading volume of 70,826 shares, compared to its average volume of 40,234. The company has a fifty day simple moving average of $25.31 and a 200 day simple moving average of $25.33. iShares iBonds 1-5 Year Treasury Ladder ETF has a 12-month low of $25.02 and a 12-month high of $26.15.

About iShares iBonds 1-5 Year Treasury Ladder ETF

The iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT) 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 Treasury ETFs, all maturing within six years. Each underlying fund comprises US Treasury bonds Government, Treasury Investment Grade annually. LDRT was launched on Nov 7, 2024 and is issued by BlackRock.