iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Shares Shorted: Short Interest Up 49.5% in September

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,750 shares, an increase of 49.5% from the August 31st total of 2,509 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 4,748 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of iShares LifePath Target Date 2065 ETF

A hedge fund recently raised its position in iShares LifePath Target Date 2065 ETF stock. Citadel Advisors LLC increased its holdings in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 61.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,599 shares of the company’s stock after purchasing an additional 6,295 shares during the period. Citadel Advisors LLC owned 2.59% of iShares LifePath Target Date 2065 ETF worth $700,000 as of its most recent SEC filing.

iShares LifePath Target Date 2065 ETF Trading Down 0.2%

Shares of NYSEARCA:ITDI traded down $0.07 during midday trading on Thursday, hitting $42.37. 3,292 shares of the stock were exchanged, compared to its average volume of 4,195. iShares LifePath Target Date 2065 ETF has a twelve month low of $35.92 and a twelve month high of $43.70. The company has a 50 day moving average price of $42.80 and a 200-day moving average price of $41.29. The stock has a market cap of $29.66 million, a P/E ratio of 20.19 and a beta of 0.89.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.