Short Interest in iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) Declines By 69.7%

iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 9,247 shares, a decline of 69.7% from the April 30th total of 30,537 shares. Based on an average daily trading volume, of 21,621 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are short sold.

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

Shares of NYSEARCA LDRT traded up $0.02 during midday trading on Friday, hitting $25.15. The stock had a trading volume of 34,235 shares, compared to its average volume of 49,646. The business’s 50 day moving average is $25.17 and its 200-day moving average is $25.28. iShares iBonds 1-5 Year Treasury Ladder ETF has a 52 week low of $24.99 and a 52 week high of $25.80.

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 purchased a new stake in iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 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 filing with the SEC.

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.