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 recipient 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. Approximately 3.3% of the shares of the company are sold short. Based on an average daily trading volume, of 9,384 shares, the days-to-cover ratio is presently 2.6 days.

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Performance

NYSEARCA:LDRI opened at $25.57 on Friday. iShares iBonds 1-5 Year TIPS Ladder ETF has a 12-month low of $25.12 and a 12-month high of $26.38. The stock’s 50 day moving average price is $25.60 and its two-hundred day moving average price is $25.44.

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.