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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,971 shares, a decline of 45.9% from the November 30th total of 3,643 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 2,268 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 2,268 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.1% of the company’s stock are short sold.

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

NYSEARCA:LDRH opened at $24.91 on Friday. The firm has a market cap of $4.48 million, a P/E ratio of -35.08 and a beta of 0.28. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a fifty-two week low of $23.83 and a fifty-two week high of $25.88. The firm has a 50-day simple moving average of $24.95 and a two-hundred day simple moving average of $24.96.

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.