iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Update

by · The Markets Daily

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF – Get Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4,585 shares, a decrease of 42.2% from the December 31st total of 7,937 shares. Based on an average daily trading volume, of 19,660 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 19,660 shares, the days-to-cover ratio is presently 0.2 days.

iShares LifePath Target Date 2050 ETF Price Performance

iShares LifePath Target Date 2050 ETF stock traded down $0.29 during trading hours on Friday, reaching $38.33. The stock had a trading volume of 3,621 shares, compared to its average volume of 16,789. The company has a fifty day simple moving average of $37.69 and a 200-day simple moving average of $36.64. iShares LifePath Target Date 2050 ETF has a 52 week low of $27.29 and a 52 week high of $38.77. The stock has a market cap of $55.20 million, a PE ratio of 20.56 and a beta of 0.85.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares LifePath Target Date 2050 ETF stock. Citadel Advisors LLC grew its holdings in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF – Free Report) by 78.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 14,107 shares of the company’s stock after buying an additional 6,208 shares during the quarter. Citadel Advisors LLC owned approximately 1.24% of iShares LifePath Target Date 2050 ETF worth $518,000 at the end of the most recent quarter.

About iShares LifePath Target Date 2050 ETF

(Get Free Report)

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.

Featured Stories