iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Sees Significant Growth in Short Interest

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 4,286 shares, a growth of 589.1% from the July 15th total of 622 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 4,432 shares, the short-interest ratio is currently 1.0 days.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Price Performance

Shares of LDRH stock remained flat at $24.47 on Wednesday. The company had a trading volume of 5,941 shares, compared to its average volume of 7,256. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a one year low of $24.39 and a one year high of $25.30. The firm has a market cap of $22.51 million, a P/E ratio of -34.46 and a beta of 0.10. The company has a 50-day simple moving average of $24.57 and a 200 day simple moving average of $24.69.

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.