iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Short Interest Down 77.5% in May

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,434 shares, a decline of 77.5% from the May 14th total of 6,375 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 2,359 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of iShares LifePath Target Date 2065 ETF

A hedge fund recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Heck Capital Advisors LLC increased its stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 20.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,143 shares of the company’s stock after acquiring an additional 1,380 shares during the period. Heck Capital Advisors LLC owned approximately 1.77% of iShares LifePath Target Date 2065 ETF worth $306,000 at the end of the most recent reporting period.

iShares LifePath Target Date 2065 ETF Stock Down 0.2%

Shares of ITDI stock opened at $41.21 on Wednesday. iShares LifePath Target Date 2065 ETF has a fifty-two week low of $33.20 and a fifty-two week high of $42.52. The stock has a market cap of $24.73 million, a price-to-earnings ratio of 20.19 and a beta of 0.89. The firm’s 50 day moving average price is $40.32 and its two-hundred day moving average price is $38.97.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.