iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Short Interest Update

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 11,241 shares, a growth of 112.9% from the July 30th total of 5,280 shares. Based on an average daily volume of 5,258 shares, the short-interest ratio is currently 2.1 days. Approximately 1.2% of the company’s stock are short sold.

iShares LifePath Target Date 2060 ETF Stock Performance

iShares LifePath Target Date 2060 ETF stock opened at $43.25 on Friday. iShares LifePath Target Date 2060 ETF has a twelve month low of $35.38 and a twelve month high of $43.82. The firm has a market cap of $39.79 million, a PE ratio of 20.21 and a beta of 0.88. The firm’s 50 day moving average price is $42.38 and its two-hundred day moving average price is $40.67.

iShares LifePath Target Date 2060 ETF Company Profile

The iShares LifePath Target Date 2060 ETF USD (ITDH) 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 2060 ITDH was launched on Oct 17, 2023 and is issued by BlackRock.