iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Short Interest Up 90.7% in February

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 8,495 shares, an increase of 90.7% from the January 29th total of 4,455 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 16,965 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 16,965 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

iShares LifePath Target Date 2050 ETF Stock Down 0.2%

Shares of ITDF stock opened at $39.07 on Friday. iShares LifePath Target Date 2050 ETF has a 12-month low of $27.29 and a 12-month high of $39.31. The firm has a fifty day moving average of $38.24 and a 200-day moving average of $37.23. The firm has a market capitalization of $56.26 million, a price-to-earnings ratio of 20.56 and a beta of 0.85.

Hedge Funds Weigh In On iShares LifePath Target Date 2050 ETF

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of iShares LifePath Target Date 2050 ETF in the 4th quarter valued at approximately $816,000. Citadel Advisors LLC boosted its holdings in shares of iShares LifePath Target Date 2050 ETF by 78.6% in the third quarter. Citadel Advisors LLC now owns 14,107 shares of the company’s stock valued at $518,000 after buying an additional 6,208 shares during the period. Susquehanna International Group LLP boosted its holdings in shares of iShares LifePath Target Date 2050 ETF by 28.3% in the third quarter. Susquehanna International Group LLP now owns 14,096 shares of the company’s stock valued at $518,000 after buying an additional 3,107 shares during the period. Finally, Sound Financial Strategies Group LLC bought a new stake in shares of iShares LifePath Target Date 2050 ETF during the fourth quarter worth $201,000.

iShares LifePath Target Date 2050 ETF Company Profile

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.