iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Short Interest Up 79.9% in June

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,580 shares, a growth of 79.9% from the May 31st total of 1,434 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 3,203 shares, the short-interest ratio is currently 0.8 days.

iShares LifePath Target Date 2065 ETF Stock Performance

NYSEARCA:ITDI opened at $41.95 on Friday. iShares LifePath Target Date 2065 ETF has a one year low of $34.30 and a one year high of $42.52. The firm has a market cap of $26.01 million, a price-to-earnings ratio of 20.19 and a beta of 0.88. The firm’s fifty day moving average is $41.48 and its two-hundred day moving average is $39.49.

Institutional Trading of iShares LifePath Target Date 2065 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2065 ETF stock. Orion Porfolio Solutions LLC purchased a new stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,554 shares of the company’s stock, valued at approximately $465,000. Orion Porfolio Solutions LLC owned approximately 2.85% of iShares LifePath Target Date 2065 ETF at the end of the most recent quarter.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.