iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Short Interest Update

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 3,016 shares, a decrease of 75.2% from the January 15th total of 12,170 shares. Based on an average trading volume of 6,874 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 6,874 shares, the short-interest ratio is presently 0.4 days.

iShares LifePath Target Date 2060 ETF Price Performance

Shares of ITDH traded up $0.10 during trading hours on Wednesday, hitting $39.55. 5,492 shares of the company were exchanged, compared to its average volume of 7,210. The firm has a fifty day simple moving average of $38.37 and a 200-day simple moving average of $37.25. The company has a market capitalization of $27.69 million, a PE ratio of 20.21 and a beta of 0.87. iShares LifePath Target Date 2060 ETF has a one year low of $27.20 and a one year high of $39.79.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares LifePath Target Date 2060 ETF stock. Wealth Enhancement Advisory Services LLC bought a new position in iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,780 shares of the company’s stock, valued at approximately $299,000. Wealth Enhancement Advisory Services LLC owned approximately 1.30% of iShares LifePath Target Date 2060 ETF at the end of the most recent reporting period.

About iShares LifePath Target Date 2060 ETF

The iShares LifePath Target Date 2060 ETF USD (ITDH) 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 2060 ITDH was launched on Oct 17, 2023 and is issued by BlackRock.