iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Sees Significant Increase in Short Interest

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 5,600 shares, a growth of 93.1% from the September 15th total of 2,900 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 2.0 days.

iShares LifePath Target Date 2070 ETF Stock Down 0.5%

Shares of NYSEARCA ITDJ opened at $28.90 on Thursday. The stock’s 50 day moving average price is $28.37 and its two-hundred day moving average price is $26.53. iShares LifePath Target Date 2070 ETF has a 52-week low of $21.27 and a 52-week high of $29.17. The stock has a market capitalization of $5.20 million and a P/E ratio of 20.39.

About iShares LifePath Target Date 2070 ETF

The iShares LifePath Target Date 2070 ETF (ITDJ) 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.