What’s Next for ISHARES 1-5 YR LADDER GOVT BOND ETF After Reaching All-Time Low?

 What's Next for ISHARES 1 5 YR LADDER GOVT BOND ETF After Reaching All Time Low?

The stock of ISHARES 1-5 YR LADDER GOVT BOND ETF (TSE:CLF) reached all time low today, Nov, 9 and still has $17.07 target or 9.00% below today’s $18.76 share price. This indicates more downside for the $1.04 billion company. This technical setup was reported by Barchart.com. If the $17.07 PT is reached, the company will be worth $93.60M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 16,623 shares traded hands. ISHARES 1-5 YR LADDER GOVT BOND ETF (TSE:CLF) has declined 1.42% since April 5, 2016 and is downtrending. It has underperformed by 6.20% the S&P500.

More notable recent ISHARES 1-5 YR LADDER GOVT BOND ETF (TSE:CLF) news were published by: Fool.ca which released: “Caution Ahead: Why Bonds May Soon Become Much Harder to Manage” on May 12, 2015, also Marketwired.com with their article: “BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs” published on August 15, 2016, Marketwired.com published: “BlackRock(R) Canada Announces September Cash Distributions for the iShares(R) ETFs” on September 07, 2016. More interesting news about ISHARES 1-5 YR LADDER GOVT BOND ETF (TSE:CLF) were released by: Theglobeandmail.com and their article: “Corporate bond ETFs: More than meets the eye” published on October 04, 2014 as well as Theglobeandmail.com‘s news article titled: “What we’re investing in: Canada’s five most popular ETFs” with publication date: October 01, 2015.

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