iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Short Interest Update

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 10,837 shares, a drop of 44.2% from the July 15th total of 19,429 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 6,565 shares, the days-to-cover ratio is presently 1.7 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Trading Up 0.2%

LDRI opened at $25.05 on Wednesday. The business’s 50-day simple moving average is $25.16 and its 200-day simple moving average is $25.37. iShares iBonds 1-5 Year TIPS Ladder ETF has a one year low of $24.81 and a one year high of $25.87.

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.