Short Interest in iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Increases By 348.7%

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 19,429 shares, a growth of 348.7% from the June 30th total of 4,330 shares. Based on an average daily volume of 9,302 shares, the days-to-cover ratio is presently 2.1 days. Currently, 2.2% of the company’s stock are sold short.

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Up 0.1%

Shares of NYSEARCA LDRI opened at $24.92 on Friday. iShares iBonds 1-5 Year TIPS Ladder ETF has a 1-year low of $24.81 and a 1-year high of $25.87. The business has a 50-day moving average of $25.38 and a 200-day moving average of $25.39.

iShares iBonds 1-5 Year TIPS Ladder ETF Company Profile

The iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI) 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 TIPS ETFs, all maturing within six years. Each underlying fund comprises US Treasury inflation-protected securities maturing annually. LDRI was launched on Nov 7, 2024 and is issued by BlackRock.