iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Stock Short Interest Jumps 156.0%

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 5,830 shares, an increase of 156.0% from the September 30th total of 2,277 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 13,989 shares, the days-to-cover ratio is currently 0.4 days.

iShares LifePath Target Date 2045 ETF Stock Down 1.3%

NYSEARCA:ITDE traded down $0.54 during trading hours on Friday, hitting $39.65. 13,476 shares of the stock were exchanged, compared to its average volume of 13,326. The company’s 50 day moving average is $40.33 and its two-hundred day moving average is $38.97. iShares LifePath Target Date 2045 ETF has a twelve month low of $34.81 and a twelve month high of $41.23. The company has a market capitalization of $107.06 million, a P/E ratio of 20.03 and a beta of 0.82.

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.