iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) Short Interest Update

iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 13,594 shares, a decrease of 54.2% from the August 31st total of 29,702 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 37,971 shares, the days-to-cover ratio is currently 0.4 days.

iShares LifePath Target Date 2040 ETF Stock Performance

Shares of ITDD stock traded down $0.09 on Tuesday, hitting $38.38. 25,081 shares of the stock traded hands, compared to its average volume of 21,182. iShares LifePath Target Date 2040 ETF has a twelve month low of $34.08 and a twelve month high of $39.47. The firm’s 50-day moving average price is $38.81 and its two-hundred day moving average price is $37.80. The stock has a market capitalization of $121.28 million, a PE ratio of 20.77 and a beta of 0.73.

iShares LifePath Target Date 2040 ETF Company Profile

The iShares LifePath Target Date 2040 ETF (ITDD) 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 2040 ITDD was launched on Oct 17, 2023 and is issued by BlackRock.