Short Interest in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) Expands By 182.9%

iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 20,699 shares, an increase of 182.9% from the November 30th total of 7,317 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average trading volume of 3,924 shares, the short-interest ratio is presently 5.3 days. Based on an average trading volume of 3,924 shares, the short-interest ratio is presently 5.3 days. Approximately 2.7% of the shares of the company are sold short.

iShares LifePath Target Date 2055 ETF Trading Up 0.1%

ITDG stock traded up $0.03 on Friday, hitting $38.01. The company’s stock had a trading volume of 7,125 shares, compared to its average volume of 4,584. The stock has a market cap of $29.65 million, a price-to-earnings ratio of 20.29 and a beta of 0.87. The firm has a 50 day moving average of $37.69 and a two-hundred day moving average of $36.30. iShares LifePath Target Date 2055 ETF has a 1 year low of $27.35 and a 1 year high of $38.38.

Hedge Funds Weigh In On iShares LifePath Target Date 2055 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2055 ETF stock. Citadel Advisors LLC bought a new stake in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,481 shares of the company’s stock, valued at approximately $315,000. Citadel Advisors LLC owned 1.09% of iShares LifePath Target Date 2055 ETF at the end of the most recent quarter.

iShares LifePath Target Date 2055 ETF Company Profile

The iShares LifePath Target Date 2055 ETF (ITDG) is an exchange-traded fund that mostly invests in target date asset allocation. The fund is an actively managed fund-of-funds that invests in equity, fixed income, and money market ETFs using an asset allocation strategy that shifts exposure as the target retirement date approaches. The fund is intended for investors who anticipate retiring around 2055 ITDG was launched on Oct 17, 2023 and is issued by BlackRock.