iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) Short Interest Down 26.2% in October

iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 23,700 shares, a decrease of 26.2% from the September 30th total of 32,100 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.7% of the company’s stock are short sold.

iShares LifePath Target Date 2040 ETF Stock Performance

NYSEARCA:ITDD opened at $35.49 on Monday. iShares LifePath Target Date 2040 ETF has a 1 year low of $27.55 and a 1 year high of $35.94. The stock has a market cap of $50.40 million, a P/E ratio of 20.77 and a beta of 0.74. The stock has a 50-day simple moving average of $34.90 and a 200-day simple moving average of $33.22.

About iShares LifePath Target Date 2040 ETF

The iShares LifePath Target Date 2040 ETF (ITDD) 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.