iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 883 shares, a drop of 65.0% from the September 30th total of 2,522 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 5,905 shares, the days-to-cover ratio is presently 0.1 days.
iShares LifePath Target Date 2065 ETF Stock Performance
ITDI stock traded down $0.07 during midday trading on Thursday, hitting $42.48. 1,125 shares of the company’s stock were exchanged, compared to its average volume of 4,332. iShares LifePath Target Date 2065 ETF has a one year low of $35.92 and a one year high of $43.70. The company has a market cap of $30.59 million, a PE ratio of 20.19 and a beta of 0.90. The stock’s fifty day moving average price is $42.75 and its 200-day moving average price is $40.91.
Hedge Funds Weigh In On iShares LifePath Target Date 2065 ETF
A hedge fund recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Citadel Advisors LLC increased its holdings in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Free Report) by 61.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,599 shares of the company’s stock after purchasing an additional 6,295 shares during the quarter. Citadel Advisors LLC owned 2.59% of iShares LifePath Target Date 2065 ETF worth $700,000 as of its most recent filing with the SEC.
About iShares LifePath Target Date 2065 ETF
The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.
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