iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Stock Short Interest Report for October

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 883 shares, a drop of 65.0% from the September 30th total of 2,522 shares. Based on an average daily trading volume, of 5,905 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of iShares LifePath Target Date 2065 ETF

An institutional investor recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Citadel Advisors LLC boosted its stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 61.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,599 shares of the company’s stock after buying an additional 6,295 shares during the quarter. Citadel Advisors LLC owned approximately 2.59% of iShares LifePath Target Date 2065 ETF worth $700,000 as of its most recent SEC filing.

iShares LifePath Target Date 2065 ETF Trading Down 1.7%

iShares LifePath Target Date 2065 ETF stock traded down $0.71 during trading on Friday, hitting $41.77. 1,164 shares of the company were exchanged, compared to its average volume of 4,317. iShares LifePath Target Date 2065 ETF has a 52 week low of $35.92 and a 52 week high of $43.70. The business’s 50 day moving average is $42.75 and its 200 day moving average is $40.91. The company has a market capitalization of $30.07 million, a P/E ratio of 20.19 and a beta of 0.90.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.