iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Shares Shorted: Short Interest Down 65.0% in October

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 883 shares, a drop of 65.0% from the September 30th total of 2,522 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 5,905 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares LifePath Target Date 2065 ETF

An institutional investor recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Citadel Advisors LLC grew its stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Free Report) by 61.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,599 shares of the company’s stock after purchasing an additional 6,295 shares during the period. Citadel Advisors LLC owned approximately 2.59% of iShares LifePath Target Date 2065 ETF worth $700,000 as of its most recent filing with the Securities and Exchange Commission.

iShares LifePath Target Date 2065 ETF Price Performance

Shares of NYSEARCA:ITDI traded down $0.71 during mid-day trading on Friday, hitting $41.77. The company had a trading volume of 1,164 shares, compared to its average volume of 4,317. The firm has a fifty day moving average price of $42.73 and a 200 day moving average price of $40.92. The company has a market capitalization of $30.07 million, a PE ratio of 20.19 and a beta of 0.90. iShares LifePath Target Date 2065 ETF has a one year low of $35.92 and a one year high of $43.70.

About iShares LifePath Target Date 2065 ETF

(Get Free Report)

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.

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