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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 75 shares, a decline of 99.0% from the September 15th total of 7,337 shares. Based on an average trading volume of 7,081 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

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

Shares of iShares iBonds 1-5 Year High Yield and Income Ladder ETF stock traded up $0.01 during trading on Friday, hitting $24.01. 4,223 shares of the company’s stock traded hands, compared to its average volume of 6,888. The company has a market cap of $23.05 million, a PE ratio of -33.82 and a beta of 0.12. The firm’s fifty day moving average price is $24.35 and its 200 day moving average price is $24.53. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a twelve month low of $23.90 and a twelve month high of $25.16.

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.