iShares LifePath Retirement ETF (NYSEARCA:IRTR) Short Interest Update

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 497 shares, a drop of 90.7% from the March 31st total of 5,356 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 12,038 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in iShares LifePath Retirement ETF by 20.7% during the 4th quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock worth $535,000 after buying an additional 2,978 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares LifePath Retirement ETF by 112.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after acquiring an additional 3,765 shares during the period. Ameriflex Group Inc. raised its position in iShares LifePath Retirement ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock worth $30,000 after acquiring an additional 482 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of iShares LifePath Retirement ETF by 69.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,400 shares of the company’s stock worth $131,000 after buying an additional 1,800 shares during the last quarter.

iShares LifePath Retirement ETF Stock Up 0.5%

NYSEARCA:IRTR traded up $0.15 during mid-day trading on Friday, reaching $31.63. 4,313 shares of the stock were exchanged, compared to its average volume of 19,030. The company has a 50 day simple moving average of $31.10 and a 200-day simple moving average of $30.99. The stock has a market capitalization of $52.51 million, a P/E ratio of 21.46 and a beta of 0.49. iShares LifePath Retirement ETF has a 1 year low of $28.26 and a 1 year high of $31.76.

iShares LifePath Retirement ETF Company Profile

The iShares LifePath Retirement ETF (IRTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that seeks to provide retirement outcomes through an actively managed portfolio of equity, fixed income, and money market ETFs. IRTR was launched on Oct 17, 2023 and is issued by BlackRock.