iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Short Interest Update

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 11,241 shares, an increase of 112.9% from the July 30th total of 5,280 shares. Based on an average daily volume of 5,258 shares, the short-interest ratio is presently 2.1 days. Approximately 1.2% of the company’s shares are sold short.

iShares LifePath Target Date 2060 ETF Stock Down 0.4%

ITDH opened at $43.25 on Friday. The stock has a fifty day moving average of $42.38 and a 200-day moving average of $40.67. The firm has a market capitalization of $39.79 million, a P/E ratio of 20.21 and a beta of 0.88. iShares LifePath Target Date 2060 ETF has a 12-month low of $35.38 and a 12-month high of $43.82.

iShares LifePath Target Date 2060 ETF Company Profile

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.