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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 75 shares, a decrease of 99.0% from the September 15th total of 7,337 shares. Based on an average daily volume of 7,081 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Price Performance

Shares of NYSEARCA:LDRH traded up $0.01 during trading on Friday, hitting $24.01. The company’s stock had a trading volume of 4,223 shares, compared to its average volume of 6,888. The company has a 50-day moving average of $24.35 and a 200-day moving average of $24.53. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 12 month low of $23.90 and a 12 month high of $25.16. The firm has a market cap of $23.53 million, a price-to-earnings ratio of -33.82 and a beta of 0.12.

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.