Short Interest in iShares LifePath Retirement ETF (NYSEARCA:IRTR) Increases By 769.7%

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 17,925 shares, an increase of 769.7% from the May 14th total of 2,061 shares. Based on an average daily volume of 11,332 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.1% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares LifePath Retirement ETF

Several large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. raised its stake in shares of iShares LifePath Retirement ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock worth $30,000 after purchasing an additional 482 shares during the period. Geneos Wealth Management Inc. bought a new stake in shares of iShares LifePath Retirement ETF during the 1st quarter worth $74,000. Sunbelt Securities Inc. raised its stake in shares of iShares LifePath Retirement ETF by 112.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after purchasing an additional 3,765 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of iShares LifePath Retirement ETF by 20.7% during the 4th quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock worth $535,000 after purchasing an additional 2,978 shares during the period.

iShares LifePath Retirement ETF Trading Down 0.3%

NYSEARCA IRTR traded down $0.08 during mid-day trading on Wednesday, hitting $31.66. The company’s stock had a trading volume of 1,599 shares, compared to its average volume of 16,793. The company’s 50 day simple moving average is $31.56 and its 200 day simple moving average is $31.22. iShares LifePath Retirement ETF has a twelve month low of $29.07 and a twelve month high of $32.24. The firm has a market capitalization of $52.56 million, a price-to-earnings ratio of 21.46 and a beta of 0.45.

iShares LifePath Retirement ETF Company Profile

The iShares LifePath Retirement ETF (IRTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that seeks to provide retirement outcomes through an actively managed portfolio of equity, fixed income, and money market ETFs. IRTR was launched on Oct 17, 2023 and is issued by BlackRock.