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) saw a large decrease in short interest during the month of 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. Based on an average daily volume of 2,152 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are short sold.

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

Shares of iShares iBonds 1-5 Year High Yield and Income Ladder ETF stock opened at $24.63 on Thursday. The company has a 50-day simple moving average of $24.68 and a two-hundred day simple moving average of $24.80. The stock has a market capitalization of $7.88 million, a PE ratio of -34.69 and a beta of 0.10. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 52-week low of $24.39 and a 52-week high of $25.88.

iShares iBonds 1-5 Year High Yield and Income Ladder ETF Company Profile

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.