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

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 10,224 shares, an increase of 239.0% from the January 29th total of 3,016 shares. Based on an average daily trading volume, of 7,168 shares, the short-interest ratio is currently 1.4 days. Currently, 1.5% of the shares of the company are short sold. Currently, 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 7,168 shares, the short-interest ratio is currently 1.4 days.

iShares LifePath Target Date 2060 ETF Stock Performance

Shares of iShares LifePath Target Date 2060 ETF stock traded down $0.14 on Friday, hitting $39.52. 7,800 shares of the company’s stock were exchanged, compared to its average volume of 6,797. The company has a 50-day simple moving average of $38.73 and a 200-day simple moving average of $37.62. The stock has a market capitalization of $27.66 million, a PE ratio of 20.21 and a beta of 0.87. iShares LifePath Target Date 2060 ETF has a 1 year low of $27.20 and a 1 year high of $39.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares LifePath Target Date 2060 ETF stock. Wealth Enhancement Advisory Services LLC purchased a new stake in iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 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 as of its most recent filing with the SEC.

iShares LifePath Target Date 2060 ETF Company Profile

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.