iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Short Interest Update

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,578 shares, an increase of 91.5% from the July 30th total of 3,958 shares. Based on an average daily trading volume, of 3,628 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.2% of the shares of the company are sold short.

iShares LifePath Target Date 2065 ETF Price Performance

Shares of iShares LifePath Target Date 2065 ETF stock traded down $0.16 during midday trading on Friday, hitting $43.22. The company had a trading volume of 1,201 shares, compared to its average volume of 4,158. The business’s 50 day simple moving average is $42.36 and its two-hundred day simple moving average is $40.64. The stock has a market cap of $27.66 million, a PE ratio of 20.19 and a beta of 0.89. iShares LifePath Target Date 2065 ETF has a 1-year low of $35.36 and a 1-year high of $43.70.

Institutional Trading of iShares LifePath Target Date 2065 ETF

An institutional investor recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Heck Capital Advisors LLC raised its stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 24.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,832 shares of the company’s stock after purchasing an additional 2,307 shares during the quarter. Heck Capital Advisors LLC owned 1.85% of iShares LifePath Target Date 2065 ETF worth $499,000 as of its most recent filing with the SEC.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.