Short Interest in iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Declines By 18.5%

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 14,750 shares, a drop of 18.5% from the December 15th total of 18,107 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 125,696 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 125,696 shares, the short-interest ratio is currently 0.1 days. Currently, 0.8% of the shares of the stock are short sold.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Performance

Shares of LDRC opened at $25.39 on Tuesday. The firm has a 50 day simple moving average of $25.34 and a two-hundred day simple moving average of $25.30. iShares iBonds 1-5 Year Corporate Ladder ETF has a one year low of $24.70 and a one year high of $26.61.

iShares iBonds 1-5 Year Corporate Ladder ETF Company Profile

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.