iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Short Interest Update

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 10,041 shares, a growth of 150.8% from the November 30th total of 4,003 shares. Based on an average daily volume of 15,724 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 15,724 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares LifePath Target Date 2045 ETF

Large investors have recently modified their holdings of the business. Susquehanna International Group LLP grew its stake in shares of iShares LifePath Target Date 2045 ETF by 38.4% in the third quarter. Susquehanna International Group LLP now owns 9,001 shares of the company’s stock worth $323,000 after purchasing an additional 2,496 shares during the last quarter. Sunbelt Securities Inc. raised its position in iShares LifePath Target Date 2045 ETF by 2,054.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,607 shares of the company’s stock worth $94,000 after purchasing an additional 2,486 shares during the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in iShares LifePath Target Date 2045 ETF during the 1st quarter worth about $34,000.

iShares LifePath Target Date 2045 ETF Stock Performance

Shares of iShares LifePath Target Date 2045 ETF stock traded up $0.06 on Friday, hitting $36.51. The stock had a trading volume of 4,993 shares, compared to its average volume of 10,345. The stock has a 50 day moving average of $36.40 and a 200 day moving average of $35.20. The firm has a market capitalization of $49.65 million, a P/E ratio of 20.03 and a beta of 0.82. iShares LifePath Target Date 2045 ETF has a twelve month low of $27.42 and a twelve month high of $36.96.

iShares LifePath Target Date 2045 ETF Company Profile

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.