iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Short Interest Up 80.5% in January

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 11,161 shares, a growth of 80.5% from the December 31st total of 6,183 shares. Based on an average daily trading volume, of 4,898 shares, the short-interest ratio is presently 2.3 days. Approximately 4.0% of the shares of the company are short sold. Approximately 4.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,898 shares, the short-interest ratio is presently 2.3 days.

iShares LifePath Target Date 2070 ETF Stock Performance

ITDJ traded down $0.28 during midday trading on Friday, reaching $30.15. The company had a trading volume of 5,459 shares, compared to its average volume of 4,728. The business has a 50-day moving average price of $29.64 and a two-hundred day moving average price of $28.74. The stock has a market cap of $8.44 million, a PE ratio of 20.39 and a beta of 0.98. iShares LifePath Target Date 2070 ETF has a 12-month low of $21.27 and a 12-month high of $30.64.

Hedge Funds Weigh In On iShares LifePath Target Date 2070 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2070 ETF stock. Capital Advisors Ltd. LLC purchased a new position in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned approximately 0.53% of iShares LifePath Target Date 2070 ETF at the end of the most recent reporting period.

About iShares LifePath Target Date 2070 ETF

The iShares LifePath Target Date 2070 ETF (ITDJ) 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 2070 ITDJ was launched on Nov 12, 2024 and is issued by BlackRock.