iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Shares Shorted: Short Interest Up 83.3% in October

iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,525 shares, an increase of 83.3% from the September 30th total of 10,107 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 14,228 shares, the days-to-cover ratio is presently 1.3 days.

iShares LifePath Target Date 2030 ETF Stock Down 0.1%

Shares of ITDB opened at $34.80 on Tuesday. The company has a market capitalization of $82.82 million, a price-to-earnings ratio of 20.07 and a beta of 0.58. iShares LifePath Target Date 2030 ETF has a 52-week low of $32.14 and a 52-week high of $35.65. The stock has a 50 day moving average price of $35.00 and a 200 day moving average price of $34.41.

iShares LifePath Target Date 2030 ETF Company Profile

The iShares LifePath Target Date 2030 ETF (ITDB) 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 2030 ITDB was launched on Oct 17, 2023 and is issued by BlackRock.