iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Sees Significant Drop in Short Interest

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 155 shares, a drop of 96.1% from the February 12th total of 4,004 shares. Based on an average daily volume of 5,457 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,457 shares, the short-interest ratio is presently 0.0 days.

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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF stock traded down $0.02 during midday trading on Tuesday, hitting $24.71. The stock had a trading volume of 7,066 shares, compared to its average volume of 4,736. The business has a fifty day moving average price of $24.93 and a 200 day moving average price of $24.97. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 12 month low of $23.83 and a 12 month high of $25.88. The stock has a market cap of $7.41 million, a P/E ratio of -34.80 and a beta of 0.28.

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.