iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Sees Large Increase in Short Interest

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 19,429 shares, a growth of 348.7% from the June 30th total of 4,330 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,302 shares, the short-interest ratio is presently 2.1 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Trading Down 0.1%

Shares of LDRI stock opened at $24.89 on Tuesday. iShares iBonds 1-5 Year TIPS Ladder ETF has a 52-week low of $24.81 and a 52-week high of $25.87. The stock has a fifty day simple moving average of $25.36 and a two-hundred day simple moving average of $25.39.

iShares iBonds 1-5 Year TIPS Ladder ETF Company Profile

The iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI) 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 TIPS ETFs, all maturing within six years. Each underlying fund comprises US Treasury inflation-protected securities maturing annually. LDRI was launched on Nov 7, 2024 and is issued by BlackRock.