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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 4,004 shares, a growth of 106.9% from the January 29th total of 1,935 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 3,599 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 3,599 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.3% of the company’s stock are short sold.

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

NYSEARCA:LDRH remained flat at $24.91 during mid-day trading on Friday. 4,563 shares of the company traded hands, compared to its average volume of 4,996. The company has a market capitalization of $7.47 million, a P/E ratio of -35.08 and a beta of 0.28. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 52-week low of $23.83 and a 52-week high of $25.88. The firm’s fifty day simple moving average is $24.95 and its 200-day simple moving average is $24.98.

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.