iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Update

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 17,925 shares, an increase of 769.7% from the May 14th total of 2,061 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average trading volume of 11,332 shares, the days-to-cover ratio is currently 1.6 days.

Hedge Funds Weigh In On iShares LifePath Retirement ETF

A number of institutional investors have recently bought and sold shares of the business. Ameriflex Group Inc. increased 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 worth $30,000 after buying an additional 482 shares during the last quarter. Geneos Wealth Management Inc. increased its position in 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 worth $131,000 after buying an additional 1,800 shares during the last quarter. Jane Street Group LLC increased its position in iShares LifePath Retirement ETF by 20.7% during the fourth quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock worth $535,000 after buying an additional 2,978 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in iShares LifePath Retirement ETF by 112.9% during the third quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after buying an additional 3,765 shares during the last quarter.

iShares LifePath Retirement ETF Stock Up 1.1%

Shares of NYSEARCA:IRTR traded up $0.36 during midday trading on Thursday, reaching $31.93. The company had a trading volume of 16,321 shares, compared to its average volume of 16,885. The business’s 50 day moving average price is $31.59 and its 200 day moving average price is $31.23. The stock has a market cap of $53.00 million, a PE ratio of 21.46 and a beta of 0.45. iShares LifePath Retirement ETF has a 1-year low of $29.07 and a 1-year high of $32.24.

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.