iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Up 11,590.2% in April

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 5,962 shares, an increase of 11,590.2% from the March 31st total of 51 shares. Based on an average trading volume of 1,733 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.9% of the shares of the company are short sold.

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

Shares of LDRH opened at $24.76 on Friday. The stock has a 50-day moving average of $24.72 and a two-hundred day moving average of $24.87. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a one year low of $24.39 and a one year high of $25.88. The stock has a market cap of $7.92 million, a P/E ratio of -34.87 and a beta of 0.14.

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.