Short Interest in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Rises By 31.6%

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,902 shares, an increase of 31.6% from the March 31st total of 2,206 shares. Based on an average trading volume of 4,889 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares LifePath Target Date 2070 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2070 ETF stock. Capital Advisors Ltd. LLC bought a new position in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned 0.53% of iShares LifePath Target Date 2070 ETF as of its most recent SEC filing.

iShares LifePath Target Date 2070 ETF Price Performance

ITDJ remained flat at $31.45 during trading hours on Friday. The company had a trading volume of 2,345 shares, compared to its average volume of 4,897. iShares LifePath Target Date 2070 ETF has a 12-month low of $24.26 and a 12-month high of $31.52. The stock has a market capitalization of $11.95 million, a price-to-earnings ratio of 20.39 and a beta of 0.90. The business’s fifty day moving average is $29.94 and its 200-day moving average is $29.68.

About iShares LifePath Target Date 2070 ETF

The iShares LifePath Target Date 2070 ETF (ITDJ) 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 2070 ITDJ was launched on Nov 12, 2024 and is issued by BlackRock.