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

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 2,995 shares, a decrease of 75.1% from the May 14th total of 12,044 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 11,727 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Price Performance

LDRI traded up $0.03 during trading on Thursday, hitting $25.65. 4,726 shares of the company traded hands, compared to its average volume of 8,617. The stock’s fifty day moving average is $25.57 and its 200 day moving average is $25.43. iShares iBonds 1-5 Year TIPS Ladder ETF has a one year low of $25.12 and a one year high of $26.38.

About iShares iBonds 1-5 Year TIPS Ladder ETF

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.