iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) Sees Large Drop in Short Interest

iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 17,798 shares, a decline of 42.2% from the June 15th total of 30,797 shares. Based on an average daily volume of 31,752 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

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

LDRT opened at $25.02 on Friday. iShares iBonds 1-5 Year Treasury Ladder ETF has a fifty-two week low of $24.84 and a fifty-two week high of $25.80. The business has a 50-day moving average of $25.06 and a 200-day moving average of $25.20.

Hedge Funds Weigh In On iShares iBonds 1-5 Year Treasury Ladder ETF

An institutional investor recently bought a new position in iShares iBonds 1-5 Year Treasury Ladder ETF stock. Beaumont Financial Advisors LLC bought a new position in iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 140,961 shares of the company’s stock, valued at approximately $3,559,000. Beaumont Financial Advisors LLC owned approximately 4.17% of iShares iBonds 1-5 Year Treasury Ladder ETF as of its most recent SEC filing.

About iShares iBonds 1-5 Year Treasury Ladder ETF

The iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT) 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 Treasury ETFs, all maturing within six years. Each underlying fund comprises US Treasury bonds Government, Treasury Investment Grade annually. LDRT was launched on Nov 7, 2024 and is issued by BlackRock.