iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Sees Large Drop in Short Interest

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDCGet Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 9,507 shares, a decline of 47.8% from the July 15th total of 18,225 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 14,821 shares, the short-interest ratio is presently 0.6 days.

iShares LifePath Target Date 2035 ETF Trading Down 0.7%

ITDC stock traded down $0.26 on Tuesday, hitting $37.04. 14,595 shares of the company’s stock traded hands, compared to its average volume of 22,324. iShares LifePath Target Date 2035 ETF has a 1-year low of $32.74 and a 1-year high of $37.56. The stock has a market cap of $110.38 million, a price-to-earnings ratio of 20.04 and a beta of 0.65. The stock has a fifty day moving average of $36.62 and a 200-day moving average of $35.66.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new stake in shares of iShares LifePath Target Date 2035 ETF during the 4th quarter worth $102,000. Creative Planning purchased a new stake in shares of iShares LifePath Target Date 2035 ETF during the third quarter valued at $203,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of iShares LifePath Target Date 2035 ETF during the first quarter valued at $345,000.

iShares LifePath Target Date 2035 ETF Company Profile

(Get Free Report)

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.

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