iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) Sees Significant Decrease in Short Interest

iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 7,441 shares, a drop of 21.0% from the January 29th total of 9,416 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 36,202 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 36,202 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

iShares iBonds 1-5 Year Treasury Ladder ETF Price Performance

Shares of NYSEARCA LDRT traded up $0.01 during trading on Wednesday, hitting $25.35. 34,012 shares of the company traded hands, compared to its average volume of 38,803. The business’s fifty day moving average is $25.35 and its 200 day moving average is $25.34. iShares iBonds 1-5 Year Treasury Ladder ETF has a fifty-two week low of $25.02 and a fifty-two week high of $26.15.

About iShares iBonds 1-5 Year Treasury Ladder ETF

The iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT) 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 Treasury ETFs, all maturing within six years. Each underlying fund comprises US Treasury bonds Government, Treasury Investment Grade annually. LDRT was launched on Nov 7, 2024 and is issued by BlackRock.