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

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

iShares iBonds 1-5 Year TIPS Ladder ETF Stock Down 0.1%

iShares iBonds 1-5 Year TIPS Ladder ETF stock traded down $0.02 during trading hours on Monday, hitting $24.93. The company had a trading volume of 4,281 shares, compared to its average volume of 8,092. The firm’s fifty day moving average is $25.50 and its 200-day moving average is $25.41. iShares iBonds 1-5 Year TIPS Ladder ETF has a fifty-two week low of $24.91 and a fifty-two week 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.