iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Shares Shorted: Short Interest Down 93.5% in September

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,277 shares, a decline of 93.5% from the September 15th total of 35,162 shares. Based on an average daily trading volume, of 10,460 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

iShares LifePath Target Date 2045 ETF Price Performance

Shares of ITDE traded up $0.28 during mid-day trading on Friday, reaching $40.39. 5,548 shares of the company’s stock traded hands, compared to its average volume of 13,580. The stock has a market cap of $107.44 million, a P/E ratio of 20.03 and a beta of 0.82. The stock’s 50-day moving average is $40.56 and its two-hundred day moving average is $39.48. iShares LifePath Target Date 2045 ETF has a 12 month low of $34.81 and a 12 month high of $41.23.

iShares LifePath Target Date 2045 ETF Company Profile

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.