iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Up 785.9% in June

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 8,319 shares, a growth of 785.9% from the May 31st total of 939 shares. Currently, 2.6% of the shares of the company are sold short. Based on an average trading volume of 6,002 shares, the days-to-cover ratio is currently 1.4 days.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Trading Up 0.0%

LDRH stock opened at $24.64 on Friday. The stock’s fifty day simple moving average is $24.68 and its two-hundred day simple moving average is $24.79. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 1-year low of $24.39 and a 1-year high of $25.88. The stock has a market cap of $7.88 million, a P/E ratio of -34.70 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.