iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,150 shares, an increase of 8,100.0% from the September 30th total of 75 shares. Based on an average daily trading volume, of 8,974 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the company’s shares are sold short.
iShares iBonds 1-5 Year High Yield and Income Ladder ETF Stock Performance
LDRH stock traded up $0.04 during midday trading on Tuesday, reaching $24.03. The company’s stock had a trading volume of 1,703 shares, compared to its average volume of 6,993. The firm has a market capitalization of $24.51 million, a price-to-earnings ratio of -33.85 and a beta of 0.12. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 1 year low of $23.83 and a 1 year high of $25.16. The stock has a fifty day simple moving average of $24.23 and a two-hundred day simple moving average of $24.59.
About iShares iBonds 1-5 Year High Yield and Income Ladder ETF
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.
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