iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Sees Large Drop in Short Interest

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 234 shares, a drop of 95.7% from the September 15th total of 5,420 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 58,486 shares, the short-interest ratio is presently 0.0 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Performance

LDRC traded down $0.03 during trading on Friday, hitting $24.66. The stock had a trading volume of 15,073 shares, compared to its average volume of 25,264. The company has a 50 day moving average price of $24.87 and a 200-day moving average price of $25.06. iShares iBonds 1-5 Year Corporate Ladder ETF has a one year low of $24.46 and a one year high of $26.61.

About iShares iBonds 1-5 Year Corporate Ladder ETF

The iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) 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 Corporate ETF, all maturing within six years. Each underlying fund comprises USD-denominated, investment-grade corporate bonds maturing annually. LDRC was launched on Nov 7, 2024 and is issued by BlackRock.