iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Up 785.9% in June

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 8,319 shares, an increase of 785.9% from the May 31st total of 939 shares. Based on an average trading volume of 6,002 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.6% of the company’s stock are short sold.

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

LDRH opened at $24.64 on Friday. The company’s 50-day moving average is $24.68 and its 200 day moving average is $24.79. 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. The firm has a market capitalization of $7.88 million, a P/E ratio of -34.70 and a beta of 0.10.

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.