iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Sees Large Increase in Short Interest

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,104 shares, a growth of 75.9% from the April 15th total of 2,902 shares. Based on an average daily volume of 3,160 shares, the short-interest ratio is presently 1.6 days. Currently, 1.3% of the company’s shares are sold short.

iShares LifePath Target Date 2070 ETF Price Performance

iShares LifePath Target Date 2070 ETF stock opened at $31.66 on Wednesday. iShares LifePath Target Date 2070 ETF has a 12-month low of $25.20 and a 12-month high of $32.40. The stock has a market capitalization of $12.03 million, a P/E ratio of 20.39 and a beta of 0.89. The firm’s 50-day moving average is $30.30 and its two-hundred day moving average is $29.92.

Institutional Investors Weigh In On iShares LifePath Target Date 2070 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2070 ETF stock. Cetera Investment Advisers bought a new position in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,437 shares of the company’s stock, valued at approximately $387,000. Cetera Investment Advisers owned about 3.54% of iShares LifePath Target Date 2070 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares LifePath Target Date 2070 ETF Company Profile

The iShares LifePath Target Date 2070 ETF (ITDJ) 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 2070 ITDJ was launched on Nov 12, 2024 and is issued by BlackRock.