iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Down 34.5% in May

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 939 shares, a decrease of 34.5% from the May 14th total of 1,433 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 2,152 shares, the days-to-cover ratio is presently 0.4 days.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Stock Up 0.1%

LDRH traded up $0.03 on Tuesday, reaching $24.65. The company’s stock had a trading volume of 352 shares, compared to its average volume of 3,554. The stock has a 50 day moving average of $24.68 and a two-hundred day moving average of $24.80. The company has a market capitalization of $7.89 million, a price-to-earnings ratio of -34.72 and a beta of 0.10. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a fifty-two week low of $24.39 and a fifty-two week high of $25.88.

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.