Short Interest in LifeX 2035 Term Income ETF (BATS:LDDR) Drops By 88.5%

LifeX 2035 Term Income ETF (BATS:LDDR) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 47 shares, a drop of 88.5% from the May 14th total of 409 shares. Based on an average daily volume of 842 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

LifeX 2035 Term Income ETF Price Performance

Shares of LDDR stock traded up $0.10 during mid-day trading on Tuesday, hitting $78.77. 490 shares of the company’s stock were exchanged, compared to its average volume of 2,228. LifeX 2035 Term Income ETF has a fifty-two week low of $78.65 and a fifty-two week high of $89.04. The stock has a 50-day simple moving average of $80.28 and a two-hundred day simple moving average of $82.25.

Institutional Investors Weigh In On LifeX 2035 Term Income ETF

A hedge fund recently bought a new stake in LifeX 2035 Term Income ETF stock. Captrust Financial Advisors acquired a new position in shares of LifeX 2035 Term Income ETF (BATS:LDDR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,242 shares of the company’s stock, valued at approximately $1,763,000. Captrust Financial Advisors owned about 0.65% of LifeX 2035 Term Income ETF as of its most recent SEC filing.

About LifeX 2035 Term Income ETF

The Stone Ridge 2035 Term Income ETF (LDDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages US Treasury exposure, aiming to provide predictable cashflows through 2035. The fund seeks fixed monthly distributions of $0.0833 per share. LDDR was launched on Jan 6, 2025 and is issued by Stone Ridge.