Short Interest in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Expands By 90.7%

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 8,495 shares, a growth of 90.7% from the January 29th total of 4,455 shares. Based on an average trading volume of 16,965 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 16,965 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in iShares LifePath Target Date 2050 ETF during the fourth quarter valued at about $816,000. Citadel Advisors LLC grew its holdings in iShares LifePath Target Date 2050 ETF by 78.6% in the 3rd quarter. Citadel Advisors LLC now owns 14,107 shares of the company’s stock valued at $518,000 after buying an additional 6,208 shares during the last quarter. Susquehanna International Group LLP increased its position in iShares LifePath Target Date 2050 ETF by 28.3% in the 3rd quarter. Susquehanna International Group LLP now owns 14,096 shares of the company’s stock worth $518,000 after buying an additional 3,107 shares during the period. Finally, Sound Financial Strategies Group LLC bought a new position in iShares LifePath Target Date 2050 ETF in the 4th quarter worth approximately $201,000.

iShares LifePath Target Date 2050 ETF Stock Down 0.2%

Shares of ITDF stock opened at $39.07 on Monday. iShares LifePath Target Date 2050 ETF has a 12 month low of $27.29 and a 12 month high of $39.31. The company has a market cap of $56.26 million, a PE ratio of 20.56 and a beta of 0.85. The business’s 50 day moving average is $38.24 and its two-hundred day moving average is $37.25.

About iShares LifePath Target Date 2050 ETF

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.