iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Sees Significant Increase in Short Interest

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 9,147 shares, a growth of 366.0% from the March 31st total of 1,963 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 17,128 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Down 0.0%

LDRC stock opened at $25.28 on Monday. iShares iBonds 1-5 Year Corporate Ladder ETF has a one year low of $25.00 and a one year high of $26.61. The company has a 50 day moving average price of $25.29 and a two-hundred day moving average price of $25.34.

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.