iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Short Interest Update

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,231 shares, a decline of 36.6% from the May 31st total of 6,672 shares. Based on an average daily volume of 26,927 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ITDC. Kestra Advisory Services LLC acquired a new stake in iShares LifePath Target Date 2035 ETF in the fourth quarter worth about $102,000. Creative Planning acquired a new position in shares of iShares LifePath Target Date 2035 ETF during the third quarter valued at about $203,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of iShares LifePath Target Date 2035 ETF during the first quarter valued at about $345,000.

iShares LifePath Target Date 2035 ETF Price Performance

Shares of ITDC remained flat at $36.57 during midday trading on Thursday. The stock had a trading volume of 4,755 shares, compared to its average volume of 23,504. iShares LifePath Target Date 2035 ETF has a 12-month low of $32.00 and a 12-month high of $36.91. The company’s 50-day moving average is $36.22 and its two-hundred day moving average is $35.14. The firm has a market cap of $102.40 million, a PE ratio of 20.04 and a beta of 0.65.

iShares LifePath Target Date 2035 ETF Company Profile

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.