iShares LifePath Retirement ETF (NYSEARCA:IRTR) Shares Shorted: Short Interest Up 61.4% in September

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 14,404 shares, an increase of 61.4% from the August 31st total of 8,924 shares. Based on an average daily volume of 16,923 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.8% of the company’s shares are short sold.

iShares LifePath Retirement ETF Trading Up 0.3%

Shares of NYSEARCA IRTR traded up $0.08 during mid-day trading on Thursday, reaching $31.32. The company had a trading volume of 12,975 shares, compared to its average volume of 15,801. The business’s 50-day moving average is $31.82 and its 200-day moving average is $31.65. The stock has a market cap of $60.13 million, a price-to-earnings ratio of 21.46 and a beta of 0.45. iShares LifePath Retirement ETF has a 52 week low of $30.13 and a 52 week high of $32.28.

iShares LifePath Retirement ETF Company Profile

The iShares LifePath Retirement ETF (IRTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that seeks to provide retirement outcomes through an actively managed portfolio of equity, fixed income, and money market ETFs. IRTR was launched on Oct 17, 2023 and is issued by BlackRock.