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

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. Approximately 4.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,898 shares, the short-interest ratio is presently 2.3 days. 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 company’s stock are sold short.

Institutional Trading of 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 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned about 0.53% of iShares LifePath Target Date 2070 ETF at the end of the most recent reporting period.

iShares LifePath Target Date 2070 ETF Stock Performance

Shares of NYSEARCA:ITDJ traded down $0.28 during trading on Friday, reaching $30.15. 5,459 shares of the stock traded hands, compared to its average volume of 4,728. The stock has a 50-day moving average of $29.64 and a two-hundred day moving average of $28.74. iShares LifePath Target Date 2070 ETF has a 52-week low of $21.27 and a 52-week high of $30.64. The stock has a market cap of $8.44 million, a P/E ratio of 20.39 and a beta of 0.98.

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.