iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Down 37.5% in March

iShares LifePath Retirement ETF (NYSEARCA:IRTR) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 11,291 shares, a decrease of 37.5% from the February 26th total of 18,071 shares. Based on an average daily trading volume, of 13,634 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares LifePath Retirement ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of iShares LifePath Retirement ETF by 20.7% in the fourth quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock valued at $535,000 after purchasing an additional 2,978 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of iShares LifePath Retirement ETF by 112.9% during the third quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock valued at $218,000 after buying an additional 3,765 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of iShares LifePath Retirement ETF by 69.2% during the second quarter. Geneos Wealth Management Inc. now owns 4,400 shares of the company’s stock valued at $131,000 after buying an additional 1,800 shares in the last quarter. Finally, Ameriflex Group Inc. raised its position in iShares LifePath Retirement ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock valued at $30,000 after buying an additional 482 shares during the period.

iShares LifePath Retirement ETF Stock Down 0.2%

Shares of iShares LifePath Retirement ETF stock traded down $0.05 during trading on Friday, hitting $30.26. The stock had a trading volume of 4,751 shares, compared to its average volume of 21,255. The stock has a 50 day simple moving average of $31.17 and a 200 day simple moving average of $30.92. The company has a market capitalization of $47.21 million, a PE ratio of 21.46 and a beta of 0.48. iShares LifePath Retirement ETF has a 1 year low of $26.90 and a 1 year high of $31.73.

iShares LifePath Retirement ETF Company Profile

The iShares LifePath Retirement ETF (IRTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that seeks to provide retirement outcomes through an actively managed portfolio of equity, fixed income, and money market ETFs. IRTR was launched on Oct 17, 2023 and is issued by BlackRock.