iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Up 161.0% in December

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,182 shares, an increase of 161.0% from the November 30th total of 1,602 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 11,327 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 11,327 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are short sold.

iShares LifePath Target Date 2050 ETF Trading Up 0.1%

NYSEARCA ITDF traded up $0.04 on Friday, hitting $37.55. The company’s stock had a trading volume of 20,376 shares, compared to its average volume of 7,947. iShares LifePath Target Date 2050 ETF has a 52-week low of $27.29 and a 52-week high of $37.99. The firm has a market cap of $42.81 million, a P/E ratio of 20.56 and a beta of 0.85. The company’s 50-day simple moving average is $37.28 and its 200 day simple moving average is $35.97.

Institutional Investors Weigh In On iShares LifePath Target Date 2050 ETF

A hedge fund recently raised its stake in iShares LifePath Target Date 2050 ETF stock. Citadel Advisors LLC boosted its holdings in shares of iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) by 78.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,107 shares of the company’s stock after purchasing an additional 6,208 shares during the period. Citadel Advisors LLC owned approximately 1.24% of iShares LifePath Target Date 2050 ETF worth $518,000 at the end of the most recent quarter.

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.