iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Sees Significant Increase in Short Interest

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 2,580 shares, an increase of 79.9% from the May 31st total of 1,434 shares. Based on an average daily trading volume, of 3,203 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On 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 raised its holdings in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 20.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,143 shares of the company’s stock after purchasing an additional 1,380 shares during the period. Heck Capital Advisors LLC owned 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 Up 0.0%

NYSEARCA:ITDI opened at $41.95 on Friday. iShares LifePath Target Date 2065 ETF has a 52-week low of $34.30 and a 52-week high of $42.52. The stock has a fifty day simple moving average of $41.45 and a 200-day simple moving average of $39.47. The company has a market capitalization of $26.01 million, a PE ratio of 20.19 and a beta of 0.88.

iShares LifePath Target Date 2065 ETF Company Profile

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.