iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Short Interest Down 14.0% in January

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 12,689 shares, a drop of 14.0% from the December 31st total of 14,750 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 19,399 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 19,399 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.7% of the company’s shares are short sold.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Down 0.5%

Shares of iShares iBonds 1-5 Year Corporate Ladder ETF stock traded down $0.13 during trading on Tuesday, reaching $25.34. 6,100 shares of the company traded hands, compared to its average volume of 29,874. The company has a 50 day moving average price of $25.36 and a 200-day moving average price of $25.33. iShares iBonds 1-5 Year Corporate Ladder ETF has a 1-year low of $24.70 and a 1-year high of $26.61.

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.