iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Stock Short Interest Declines 54.8%

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 10,242 shares, a decrease of 54.8% from the August 31st total of 22,673 shares. Based on an average daily trading volume, of 20,735 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

iShares LifePath Target Date 2035 ETF Stock Performance

iShares LifePath Target Date 2035 ETF stock traded down $0.10 during mid-day trading on Tuesday, reaching $36.43. 15,390 shares of the company were exchanged, compared to its average volume of 22,173. iShares LifePath Target Date 2035 ETF has a twelve month low of $33.03 and a twelve month high of $37.56. The firm’s 50-day simple moving average is $36.89 and its two-hundred day simple moving average is $36.09. The firm has a market cap of $118.76 million, a PE ratio of 20.04 and a beta of 0.65.

iShares LifePath Target Date 2035 ETF Company Profile

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.