iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Short Interest Down 35.6% in February

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 6,589 shares, a decrease of 35.6% from the February 12th total of 10,224 shares. Based on an average trading volume of 5,755 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 5,755 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of iShares LifePath Target Date 2060 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2060 ETF stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,780 shares of the company’s stock, valued at approximately $299,000. Wealth Enhancement Advisory Services LLC owned about 1.30% of iShares LifePath Target Date 2060 ETF as of its most recent filing with the Securities and Exchange Commission.

iShares LifePath Target Date 2060 ETF Price Performance

Shares of ITDH traded down $0.28 on Friday, reaching $37.25. The company’s stock had a trading volume of 2,890 shares, compared to its average volume of 6,745. iShares LifePath Target Date 2060 ETF has a 12-month low of $27.20 and a 12-month high of $39.81. The stock has a market capitalization of $26.08 million, a P/E ratio of 20.21 and a beta of 0.87. The stock’s 50 day simple moving average is $38.80 and its two-hundred day simple moving average is $37.79.

About iShares LifePath Target Date 2060 ETF

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.