iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Up 40.9% in January

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,457 shares, an increase of 40.9% from the December 31st total of 3,163 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 4,359 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 4,359 shares, the short-interest ratio is currently 1.0 days. Currently, 1.5% of the company’s stock are short sold.

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

iShares iBonds 1-5 Year High Yield and Income Ladder ETF stock opened at $25.03 on Friday. The stock has a 50-day simple moving average of $24.97 and a 200 day simple moving average of $24.99. The stock has a market capitalization of $7.51 million, a P/E ratio of -35.25 and a beta of 0.28. iShares iBonds 1-5 Year High Yield and Income Ladder ETF has a 52 week low of $23.83 and a 52 week high of $25.88.

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.