iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Sees Significant Increase in Short Interest

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJGet Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,104 shares, a growth of 75.9% from the April 15th total of 2,902 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 3,160 shares, the short-interest ratio is presently 1.6 days.

Institutional Investors 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. Cetera Investment Advisers purchased a new stake in shares of iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJFree Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,437 shares of the company’s stock, valued at approximately $387,000. Cetera Investment Advisers owned about 3.54% of iShares LifePath Target Date 2070 ETF at the end of the most recent reporting period.

iShares LifePath Target Date 2070 ETF Trading Up 0.1%

Shares of iShares LifePath Target Date 2070 ETF stock traded up $0.02 during trading on Monday, hitting $31.88. 561 shares of the stock were exchanged, compared to its average volume of 4,572. The stock has a market capitalization of $12.11 million, a price-to-earnings ratio of 20.39 and a beta of 0.89. The company has a fifty day moving average price of $30.22 and a 200-day moving average price of $29.89. iShares LifePath Target Date 2070 ETF has a 1-year low of $25.20 and a 1-year high of $32.40.

About iShares LifePath Target Date 2070 ETF

(Get Free Report)

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.

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