iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Sees Significant Decline in Short Interest

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 4,330 shares, a decrease of 82.3% from the June 15th total of 24,482 shares. Based on an average daily volume of 4,953 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the company’s shares are sold short.

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Performance

Shares of LDRI stock traded down $0.02 on Monday, hitting $24.93. The stock had a trading volume of 4,281 shares, compared to its average volume of 8,092. The business has a 50 day moving average price of $25.50 and a 200 day moving average price of $25.41. iShares iBonds 1-5 Year TIPS Ladder ETF has a one year low of $24.91 and a one year high of $25.87.

iShares iBonds 1-5 Year TIPS Ladder ETF Company Profile

The iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI) 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 TIPS ETFs, all maturing within six years. Each underlying fund comprises US Treasury inflation-protected securities maturing annually. LDRI was launched on Nov 7, 2024 and is issued by BlackRock.