Short Interest in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Rises By 91.5%

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

Institutional Investors Weigh In On iShares LifePath Target Date 2065 ETF

A hedge fund recently raised its position in iShares LifePath Target Date 2065 ETF stock. Heck Capital Advisors LLC lifted its position in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 24.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,832 shares of the company’s stock after purchasing an additional 2,307 shares during the period. Heck Capital Advisors LLC owned about 1.85% of iShares LifePath Target Date 2065 ETF worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares LifePath Target Date 2065 ETF Stock Down 0.3%

Shares of ITDI stock traded down $0.12 on Monday, hitting $43.10. The company had a trading volume of 1,961 shares, compared to its average volume of 4,144. iShares LifePath Target Date 2065 ETF has a twelve month low of $35.36 and a twelve month high of $43.70. The firm has a market cap of $27.58 million, a P/E ratio of 20.19 and a beta of 0.89. The company has a 50-day moving average price of $42.38 and a 200-day moving average price of $40.68.

iShares LifePath Target Date 2065 ETF Company Profile

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.