iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC) Sees Large Drop in Short Interest

iShares iBonds 1-5 Year Corporate Ladder ETF (NYSEARCA:LDRC – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 234 shares, a drop of 95.7% from the September 15th total of 5,420 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 58,486 shares, the days-to-cover ratio is presently 0.0 days.

iShares iBonds 1-5 Year Corporate Ladder ETF Stock Performance

Shares of LDRC stock traded down $0.03 during midday trading on Friday, hitting $24.66. 15,073 shares of the company were exchanged, compared to its average volume of 25,264. The firm’s 50 day moving average price is $24.87 and its two-hundred day moving average price is $25.06. iShares iBonds 1-5 Year Corporate Ladder ETF has a 52 week low of $24.46 and a 52 week high of $26.61.

About iShares iBonds 1-5 Year Corporate Ladder ETF

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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.

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