iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Short Interest Up 516.6% in May

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 15,507 shares, a growth of 516.6% from the May 14th total of 2,515 shares. Based on an average daily trading volume, of 26,452 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short.

iShares iBonds 1-5 Year Corporate Ladder ETF Trading Down 0.1%

NYSEARCA LDRC traded down $0.02 during trading hours on Wednesday, reaching $25.10. The company had a trading volume of 25,682 shares, compared to its average volume of 24,241. The stock has a 50-day moving average of $25.20 and a 200 day moving average of $25.30. iShares iBonds 1-5 Year Corporate Ladder ETF has a 1-year low of $25.00 and a 1-year high of $26.61.

iShares iBonds 1-5 Year Corporate Ladder ETF Company Profile

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.