iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Sees Large Increase in Short Interest

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 10,224 shares, a growth of 239.0% from the January 29th total of 3,016 shares. Based on an average daily volume of 7,168 shares, the short-interest ratio is currently 1.4 days. Approximately 1.5% of the shares of the stock are short sold. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 7,168 shares, the short-interest ratio is currently 1.4 days.

iShares LifePath Target Date 2060 ETF Trading Up 0.2%

Shares of NYSEARCA:ITDH traded up $0.07 during trading on Thursday, hitting $39.54. 259 shares of the company’s stock were exchanged, compared to its average volume of 6,881. The firm has a market cap of $27.68 million, a P/E ratio of 20.21 and a beta of 0.87. The firm has a 50-day moving average price of $38.66 and a two-hundred day moving average price of $37.57. iShares LifePath Target Date 2060 ETF has a 1-year low of $27.20 and a 1-year high of $39.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares LifePath Target Date 2060 ETF stock. Cyr Financial Inc. bought a new position in shares of iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,645 shares of the company’s stock, valued at approximately $209,000. Cyr Financial Inc. owned about 1.01% of iShares LifePath Target Date 2060 ETF at the end of the most recent quarter.

About iShares LifePath Target Date 2060 ETF

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.