Short Interest in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Increases By 80.6%

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,621 shares, an increase of 80.6% from the November 30th total of 5,326 shares. Based on an average daily trading volume, of 4,904 shares, the days-to-cover ratio is currently 2.0 days. Currently, 5.3% of the company’s shares are short sold. Currently, 5.3% of the company’s shares are short sold. Based on an average daily trading volume, of 4,904 shares, the days-to-cover ratio is currently 2.0 days.

iShares LifePath Target Date 2070 ETF Price Performance

NYSEARCA:ITDJ traded down $0.10 during mid-day trading on Monday, reaching $29.42. 2,456 shares of the company’s stock traded hands, compared to its average volume of 2,532. The company has a 50 day moving average price of $29.22 and a 200-day moving average price of $28.18. iShares LifePath Target Date 2070 ETF has a 12-month low of $21.27 and a 12-month high of $29.75. The firm has a market capitalization of $5.30 million, a price-to-earnings 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.