iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Shares Shorted: Short Interest Down 93.5% in September

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,277 shares, a drop of 93.5% from the September 15th total of 35,162 shares. Based on an average trading volume of 10,460 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares LifePath Target Date 2045 ETF Stock Up 0.7%

ITDE traded up $0.28 during trading on Friday, hitting $40.39. The company had a trading volume of 5,548 shares, compared to its average volume of 13,580. The company has a market capitalization of $107.44 million, a PE ratio of 20.03 and a beta of 0.82. iShares LifePath Target Date 2045 ETF has a one year low of $34.81 and a one year high of $41.23. The firm’s 50-day moving average price is $40.56 and its 200 day moving average price is $39.46.

About iShares LifePath Target Date 2045 ETF

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.