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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,457 shares, a growth of 40.9% from the December 31st total of 3,163 shares. Based on an average trading volume of 4,359 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.5% of the company’s stock are sold short. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 4,359 shares, the days-to-cover ratio is currently 1.0 days.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Trading Up 0.0%

NYSEARCA:LDRH opened at $25.04 on Tuesday. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 12-month low of $23.83 and a 12-month high of $25.88. The firm has a market cap of $7.51 million, a PE ratio of -35.27 and a beta of 0.28. The stock has a fifty day moving average price of $24.97 and a 200 day moving average price of $24.99.

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

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.