iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Stock Short Interest Falls 93.5%

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,277 shares, a drop of 93.5% from the September 15th total of 35,162 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 10,460 shares, the days-to-cover ratio is presently 0.2 days.

iShares LifePath Target Date 2045 ETF Trading Up 0.7%

Shares of NYSEARCA:ITDE traded up $0.28 during trading on Friday, hitting $40.39. 5,548 shares of the company’s stock traded hands, compared to its average volume of 13,580. iShares LifePath Target Date 2045 ETF has a 52 week low of $34.81 and a 52 week high of $41.23. The company has a market cap of $107.44 million, a price-to-earnings ratio of 20.03 and a beta of 0.82. The company has a 50-day moving average price of $40.56 and a 200-day moving average price of $39.46.

iShares LifePath Target Date 2045 ETF Company Profile

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.