Short Interest in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Rises By 31.6%

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,902 shares, an increase of 31.6% from the March 31st total of 2,206 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 4,889 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares LifePath Target Date 2070 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2070 ETF stock. Capital Advisors Ltd. LLC purchased a new position in shares of iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned approximately 0.53% of iShares LifePath Target Date 2070 ETF at the end of the most recent quarter.

iShares LifePath Target Date 2070 ETF Price Performance

iShares LifePath Target Date 2070 ETF stock remained flat at $31.45 during midday trading on Friday. The company had a trading volume of 2,345 shares, compared to its average volume of 4,897. The company has a market cap of $11.95 million, a price-to-earnings ratio of 20.39 and a beta of 0.90. iShares LifePath Target Date 2070 ETF has a 12-month low of $24.26 and a 12-month high of $31.52. The stock’s fifty day simple moving average is $29.94 and its two-hundred day simple moving average is $29.68.

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. The fund is intended for investors who anticipate retiring around 2070 ITDJ was launched on Nov 12, 2024 and is issued by BlackRock.