iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Up 57.9% in February

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 18,071 shares, an increase of 57.9% from the February 12th total of 11,445 shares. Based on an average daily volume of 13,183 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.2% of the shares of the stock are short sold. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily volume of 13,183 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On iShares LifePath Retirement ETF

Hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. lifted its holdings in iShares LifePath Retirement ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock valued at $30,000 after acquiring an additional 482 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in iShares LifePath Retirement ETF in the first quarter valued at $74,000. Sunbelt Securities Inc. lifted its stake in shares of iShares LifePath Retirement ETF by 112.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock valued at $218,000 after purchasing an additional 3,765 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of iShares LifePath Retirement ETF by 20.7% in the 4th quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock valued at $535,000 after purchasing an additional 2,978 shares during the last quarter.

iShares LifePath Retirement ETF Stock Performance

Shares of NYSEARCA:IRTR traded down $0.10 during trading on Friday, reaching $30.64. The stock had a trading volume of 3,274 shares, compared to its average volume of 21,999. The business has a fifty day moving average price of $31.26 and a 200-day moving average price of $30.90. iShares LifePath Retirement ETF has a 1-year low of $26.90 and a 1-year high of $31.73. The stock has a market cap of $47.80 million, a PE ratio of 21.46 and a beta of 0.48.

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.