iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Up 161.0% in December

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,182 shares, an increase of 161.0% from the November 30th total of 1,602 shares. Based on an average daily trading volume, of 11,327 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 11,327 shares, the short-interest ratio is presently 0.4 days.

iShares LifePath Target Date 2050 ETF Stock Up 0.1%

Shares of iShares LifePath Target Date 2050 ETF stock traded up $0.04 during trading hours on Friday, hitting $37.55. The company’s stock had a trading volume of 20,376 shares, compared to its average volume of 7,947. The business has a fifty day moving average of $37.28 and a 200 day moving average of $35.95. iShares LifePath Target Date 2050 ETF has a 1-year low of $27.29 and a 1-year high of $37.99. The company has a market capitalization of $42.81 million, a PE ratio of 20.56 and a beta of 0.85.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares LifePath Target Date 2050 ETF stock. Citadel Advisors LLC raised its holdings in shares of iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) by 78.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,107 shares of the company’s stock after purchasing an additional 6,208 shares during the quarter. Citadel Advisors LLC owned 1.24% of iShares LifePath Target Date 2050 ETF worth $518,000 at the end of the most recent quarter.

iShares LifePath Target Date 2050 ETF Company Profile

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.