Short Interest in iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Expands By 717.4%

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 24,482 shares, an increase of 717.4% from the May 31st total of 2,995 shares. Currently, 3.3% of the company’s stock are short sold. Based on an average daily trading volume, of 9,384 shares, the short-interest ratio is currently 2.6 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Up 0.2%

NYSEARCA LDRI opened at $25.57 on Friday. The firm’s fifty day moving average price is $25.60 and its two-hundred day moving average price is $25.44. iShares iBonds 1-5 Year TIPS Ladder ETF has a 1 year low of $25.12 and a 1 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.