iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Sees Significant Decrease in Short Interest

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,242 shares, a decline of 54.8% from the August 31st total of 22,673 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,735 shares, the days-to-cover ratio is currently 0.5 days.

iShares LifePath Target Date 2035 ETF Stock Performance

Shares of ITDC traded down $0.22 during trading hours on Monday, reaching $36.53. The stock had a trading volume of 26,611 shares, compared to its average volume of 22,210. iShares LifePath Target Date 2035 ETF has a 12 month low of $33.03 and a 12 month high of $37.56. The stock has a market capitalization of $119.09 million, a PE ratio of 20.04 and a beta of 0.65. The company’s 50-day moving average is $36.88 and its two-hundred day moving average is $36.07.

About iShares LifePath Target Date 2035 ETF

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.