iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Short Interest Down 51.8% in July

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 10,540 shares, a decrease of 51.8% from the July 15th total of 21,876 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,506 shares, the short-interest ratio is currently 0.8 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Trading Down 0.0%

LDRC traded down $0.01 during midday trading on Tuesday, hitting $25.01. The company had a trading volume of 15,733 shares, compared to its average volume of 21,292. iShares iBonds 1-5 Year Corporate Ladder ETF has a twelve month low of $24.97 and a twelve month high of $26.61. The firm’s 50-day simple moving average is $25.09 and its 200-day simple moving average is $25.21.

About iShares iBonds 1-5 Year Corporate Ladder ETF

The iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) 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 Corporate ETF, all maturing within six years. Each underlying fund comprises USD-denominated, investment-grade corporate bonds maturing annually. LDRC was launched on Nov 7, 2024 and is issued by BlackRock.