iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Short Interest Down 51.8% in July

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 10,540 shares, a decrease of 51.8% from the July 15th total of 21,876 shares. Based on an average trading volume of 12,506 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company’s stock are sold short.

iShares iBonds 1-5 Year Corporate Ladder ETF Price Performance

Shares of LDRC traded down $0.02 during trading hours on Friday, hitting $25.06. The company had a trading volume of 20,455 shares, compared to its average volume of 21,279. The firm has a fifty day moving average price of $25.09 and a 200-day moving average price of $25.21. iShares iBonds 1-5 Year Corporate Ladder ETF has a 52-week low of $24.97 and a 52-week high of $26.61.

About iShares iBonds 1-5 Year Corporate Ladder ETF

The iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) 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 Corporate ETF, all maturing within six years. Each underlying fund comprises USD-denominated, investment-grade corporate bonds maturing annually. LDRC was launched on Nov 7, 2024 and is issued by BlackRock.