iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Sees Large Increase in Short Interest

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 11,161 shares, a growth of 80.5% from the December 31st total of 6,183 shares. Currently, 4.0% of the shares of the stock are short sold. Based on an average daily volume of 4,898 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily volume of 4,898 shares, the days-to-cover ratio is currently 2.3 days. Currently, 4.0% of the shares of the stock are short sold.

iShares LifePath Target Date 2070 ETF Trading Down 0.9%

Shares of ITDJ traded down $0.28 during midday trading on Friday, reaching $30.15. 5,459 shares of the company were exchanged, compared to its average volume of 4,728. iShares LifePath Target Date 2070 ETF has a 1-year low of $21.27 and a 1-year high of $30.64. The company has a market cap of $8.44 million, a price-to-earnings ratio of 20.39 and a beta of 0.98. The stock has a 50-day moving average price of $29.64 and a 200-day moving average price of $28.74.

Hedge Funds Weigh In On iShares LifePath Target Date 2070 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2070 ETF stock. Capital Advisors Ltd. LLC purchased a new stake in shares of iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned about 0.53% of iShares LifePath Target Date 2070 ETF as of its most recent SEC filing.

iShares LifePath Target Date 2070 ETF Company Profile

(Get Free Report)

The iShares LifePath Target Date 2070 ETF (ITDJ) 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 2070 ITDJ was launched on Nov 12, 2024 and is issued by BlackRock.

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