iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Sees Significant Decline in Short Interest

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 622 shares, a decrease of 90.5% from the June 30th total of 6,572 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,036 shares, the short-interest ratio is presently 0.1 days.

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

Shares of NYSEARCA:LDRH remained flat at $24.45 during trading on Friday. 783 shares of the stock were exchanged, compared to its average volume of 7,432. The stock has a market cap of $22.00 million, a PE ratio of -34.44 and a beta of 0.10. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 1 year low of $24.39 and a 1 year high of $25.30. The company has a 50 day moving average price of $24.61 and a two-hundred day moving average price of $24.73.

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.