iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Up 89.8% in December

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 7,937 shares, a growth of 89.8% from the December 15th total of 4,182 shares. Based on an average daily trading volume, of 15,663 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,663 shares, the days-to-cover ratio is currently 0.5 days.

iShares LifePath Target Date 2050 ETF Price Performance

Shares of iShares LifePath Target Date 2050 ETF stock traded up $0.15 on Thursday, hitting $38.23. The company had a trading volume of 5,258 shares, compared to its average volume of 18,743. iShares LifePath Target Date 2050 ETF has a 52 week low of $27.29 and a 52 week high of $38.37. The company has a market cap of $51.99 million, a PE ratio of 20.56 and a beta of 0.85. The business has a 50-day simple moving average of $37.39 and a 200-day simple moving average of $36.36.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares LifePath Target Date 2050 ETF stock. Susquehanna International Group LLP raised its holdings in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) by 28.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,096 shares of the company’s stock after acquiring an additional 3,107 shares during the quarter. Susquehanna International Group LLP owned 1.24% of iShares LifePath Target Date 2050 ETF worth $518,000 as of its most recent filing with the Securities and 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.