iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Update

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 4,585 shares, a drop of 42.2% from the December 31st total of 7,937 shares. Based on an average daily trading volume, of 19,660 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 19,660 shares, the short-interest ratio is presently 0.2 days.

iShares LifePath Target Date 2050 ETF Stock Down 0.8%

iShares LifePath Target Date 2050 ETF stock traded down $0.32 during trading on Friday, hitting $38.30. The stock had a trading volume of 4,808 shares, compared to its average volume of 16,845. The stock has a market cap of $55.15 million, a price-to-earnings ratio of 20.56 and a beta of 0.85. The stock’s 50 day moving average is $37.73 and its two-hundred day moving average is $36.69. iShares LifePath Target Date 2050 ETF has a 1 year low of $27.29 and a 1 year high of $38.77.

Institutional Investors Weigh In On iShares LifePath Target Date 2050 ETF

A hedge fund recently raised its stake in iShares LifePath Target Date 2050 ETF stock. Citadel Advisors LLC increased its holdings in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) by 78.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,107 shares of the company’s stock after acquiring an additional 6,208 shares during the quarter. Citadel Advisors LLC owned about 1.24% of iShares LifePath Target Date 2050 ETF worth $518,000 as of its most recent filing with the Securities & Exchange Commission.

iShares LifePath Target Date 2050 ETF Company Profile

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.