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

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) was the target of a large drop in short interest in 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. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 6,565 shares, the days-to-cover ratio is currently 1.7 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Performance

Shares of LDRI stock traded up $0.01 on Monday, reaching $25.01. 17,434 shares of the stock were exchanged, compared to its average volume of 8,118. The business’s 50 day moving average price is $25.18 and its 200 day moving average price is $25.37. iShares iBonds 1-5 Year TIPS Ladder ETF has a twelve month low of $24.81 and a twelve month 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.