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

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 10,224 shares, a growth of 239.0% from the January 29th total of 3,016 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,168 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 7,168 shares, the short-interest ratio is currently 1.4 days. Currently, 1.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares LifePath Target Date 2060 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2060 ETF stock. Cyr Financial Inc. acquired a new stake in iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,645 shares of the company’s stock, valued at approximately $209,000. Cyr Financial Inc. owned 1.01% of iShares LifePath Target Date 2060 ETF at the end of the most recent reporting period.

iShares LifePath Target Date 2060 ETF Stock Performance

Shares of NYSEARCA ITDH traded up $0.07 during trading hours on Thursday, hitting $39.54. 259 shares of the stock were exchanged, compared to its average volume of 6,881. The company’s fifty day simple moving average is $38.66 and its two-hundred day simple moving average is $37.57. The company has a market cap of $27.68 million, a PE ratio of 20.21 and a beta of 0.87. iShares LifePath Target Date 2060 ETF has a 1-year low of $27.20 and a 1-year high of $39.81.

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.