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

iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 30,797 shares, a growth of 462.1% from the May 31st total of 5,479 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 37,660 shares, the days-to-cover ratio is currently 0.8 days.

iShares iBonds 1-5 Year Treasury Ladder ETF Stock Up 0.0%

LDRT traded up $0.01 during trading on Friday, hitting $25.11. The company’s stock had a trading volume of 14,983 shares, compared to its average volume of 47,320. iShares iBonds 1-5 Year Treasury Ladder ETF has a twelve month low of $24.97 and a twelve month high of $25.80. The business’s fifty day simple moving average is $25.12 and its 200 day simple moving average is $25.24.

Institutional Investors Weigh In On iShares iBonds 1-5 Year Treasury Ladder ETF

An institutional investor recently bought a new position in iShares iBonds 1-5 Year Treasury Ladder ETF stock. Beaumont Financial Advisors LLC acquired a new position in shares of iShares iBonds 1-5 Year Treasury Ladder ETF (NYSEARCA:LDRT) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 140,961 shares of the company’s stock, valued at approximately $3,559,000. Beaumont Financial Advisors LLC owned 4.17% of iShares iBonds 1-5 Year Treasury Ladder ETF as of its most recent filing with the Securities & Exchange Commission.

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.