iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Update

iShares LifePath Retirement ETF (NYSEARCA:IRTR) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,061 shares, a drop of 67.2% from the April 30th total of 6,276 shares. Based on an average daily volume of 9,125 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

iShares LifePath Retirement ETF Stock Performance

iShares LifePath Retirement ETF stock traded up $0.02 during midday trading on Friday, hitting $32.19. 7,493 shares of the company’s stock were exchanged, compared to its average volume of 17,009. iShares LifePath Retirement ETF has a 12-month low of $28.88 and a 12-month high of $32.24. The stock has a market cap of $53.44 million, a price-to-earnings ratio of 21.46 and a beta of 0.45. The firm’s 50 day simple moving average is $31.34 and its 200 day simple moving average is $31.16.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its position in iShares LifePath Retirement ETF by 20.7% during the 4th quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock worth $535,000 after purchasing an additional 2,978 shares during the last quarter. Sunbelt Securities Inc. grew its position in iShares LifePath Retirement ETF by 112.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after purchasing an additional 3,765 shares during the last quarter. Geneos Wealth Management Inc. grew its position in iShares LifePath Retirement ETF by 69.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,400 shares of the company’s stock worth $131,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Ameriflex Group Inc. grew its position in iShares LifePath Retirement ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock worth $30,000 after purchasing an additional 482 shares during the last quarter.

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.