Short Interest in iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Grows By 159.2%

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 22,673 shares, an increase of 159.2% from the August 15th total of 8,746 shares. Based on an average daily trading volume, of 16,602 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.8% of the company’s shares are short sold.

iShares LifePath Target Date 2035 ETF Trading Down 0.5%

NYSEARCA ITDC traded down $0.18 on Monday, hitting $36.66. The company’s stock had a trading volume of 4,526 shares, compared to its average volume of 22,046. iShares LifePath Target Date 2035 ETF has a 52-week low of $33.03 and a 52-week high of $37.56. The company’s 50-day simple moving average is $36.86 and its 200 day simple moving average is $35.95. The firm has a market cap of $109.25 million, a P/E ratio of 20.04 and a beta of 0.65.

About iShares LifePath Target Date 2035 ETF

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.