iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) Short Interest Down 90.5% in July

iShares iBonds 1-5 Year High Yield and Income Ladder ETF (NYSEARCA:LDRH) was the target of a large 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. Based on an average daily trading volume, of 7,036 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

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

LDRH stock remained flat at $24.45 during mid-day trading on Friday. 783 shares of the company’s stock traded hands, compared to its average volume of 7,432. The business has a fifty day simple moving average of $24.61 and a 200 day simple moving average of $24.73. The firm 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.

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.