iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) Short Interest Update

iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 20,699 shares, an increase of 182.9% from the November 30th total of 7,317 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average daily trading volume, of 3,924 shares, the days-to-cover ratio is currently 5.3 days. Based on an average daily trading volume, of 3,924 shares, the days-to-cover ratio is currently 5.3 days. Approximately 2.7% of the company’s stock are short sold.

iShares LifePath Target Date 2055 ETF Stock Up 0.1%

Shares of NYSEARCA ITDG opened at $38.01 on Friday. iShares LifePath Target Date 2055 ETF has a 52-week low of $27.35 and a 52-week high of $38.38. The stock’s 50 day moving average price is $37.69 and its two-hundred day moving average price is $36.32. The stock has a market capitalization of $29.65 million, a P/E ratio of 20.29 and a beta of 0.87.

Institutional Investors Weigh In On iShares LifePath Target Date 2055 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2055 ETF stock. Citadel Advisors LLC purchased a new position in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,481 shares of the company’s stock, valued at approximately $315,000. Citadel Advisors LLC owned approximately 1.09% of iShares LifePath Target Date 2055 ETF as of its most recent SEC filing.

About iShares LifePath Target Date 2055 ETF

The iShares LifePath Target Date 2055 ETF (ITDG) 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 2055 ITDG was launched on Oct 17, 2023 and is issued by BlackRock.