iShares LifePath Retirement ETF (NYSEARCA:IRTR) Stock Short Interest Jumps 61.4%

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 14,404 shares, a growth of 61.4% from the August 31st total of 8,924 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 16,923 shares, the days-to-cover ratio is currently 0.9 days.

iShares LifePath Retirement ETF Stock Performance

iShares LifePath Retirement ETF stock opened at $31.32 on Friday. The stock has a market capitalization of $60.13 million, a P/E ratio of 21.46 and a beta of 0.46. The company’s fifty day moving average price is $31.82 and its 200 day moving average price is $31.66. iShares LifePath Retirement ETF has a 1 year low of $30.13 and a 1 year high of $32.28.

About iShares LifePath Retirement ETF

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.