iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Update
by Scott Moore · The Cerbat GemiShares LifePath Retirement ETF (NYSEARCA:IRTR – Get Free Report) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 6,276 shares, an increase of 1,162.8% from the April 15th total of 497 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 8,848 shares, the days-to-cover ratio is currently 0.7 days.
iShares LifePath Retirement ETF Trading Up 0.3%
IRTR traded up $0.08 during trading on Wednesday, reaching $31.89. The stock had a trading volume of 13,065 shares, compared to its average volume of 17,758. The stock’s 50 day moving average is $31.13 and its two-hundred day moving average is $31.07. The company has a market capitalization of $52.94 million, a price-to-earnings ratio of 21.46 and a beta of 0.45. iShares LifePath Retirement ETF has a one year low of $28.64 and a one year high of $31.98.
Hedge Funds Weigh In On iShares LifePath Retirement ETF
A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in iShares LifePath Retirement ETF by 20.7% in the fourth 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 in the last quarter. Sunbelt Securities Inc. raised its holdings in iShares LifePath Retirement ETF by 112.9% in the third quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after purchasing an additional 3,765 shares in the last quarter. Ameriflex Group Inc. raised its holdings in iShares LifePath Retirement ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock worth $30,000 after purchasing an additional 482 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in iShares LifePath Retirement ETF by 69.2% in the second 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 in the last quarter.
About iShares LifePath Retirement ETF
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.