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

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 22,673 shares, an increase of 159.2% from the August 15th total of 8,746 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 16,602 shares, the days-to-cover ratio is currently 1.4 days.

iShares LifePath Target Date 2035 ETF Stock Performance

Shares of NYSEARCA:ITDC traded down $0.14 on Tuesday, hitting $36.52. The stock had a trading volume of 1,456 shares, compared to its average volume of 21,923. The firm’s 50 day moving average price is $36.85 and its 200-day moving average price is $35.96. iShares LifePath Target Date 2035 ETF has a twelve month low of $33.03 and a twelve month high of $37.56. The company has a market capitalization of $108.83 million, a price-to-earnings 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.