iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Short Interest Up 516.6% in May

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 15,507 shares, an increase of 516.6% from the May 14th total of 2,515 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 26,452 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Price Performance

NYSEARCA LDRC traded up $0.01 on Friday, hitting $25.14. 39,589 shares of the company traded hands, compared to its average volume of 24,256. The business’s 50 day moving average price is $25.19 and its 200-day moving average price is $25.30. iShares iBonds 1-5 Year Corporate Ladder ETF has a 52-week low of $25.00 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.