iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Update

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 8,319 shares, a growth of 785.9% from the May 31st total of 939 shares. Based on an average trading volume of 6,002 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.6% of the company’s shares are short sold.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Trading Up 0.1%

Shares of iShares iBonds 1-5 Year High Yield and Income Ladder ETF stock traded up $0.03 during trading hours on Friday, reaching $24.67. The stock had a trading volume of 5,226 shares, compared to its average volume of 7,733. The firm has a market capitalization of $7.89 million, a price-to-earnings ratio of -34.75 and a beta of 0.10. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 1 year low of $24.39 and a 1 year high of $25.88. The firm has a 50 day simple moving average of $24.68 and a two-hundred day simple moving average of $24.78.

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.