iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Stock Short Interest Climbs 83.3%

iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,525 shares, an increase of 83.3% from the September 30th total of 10,107 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,228 shares, the short-interest ratio is presently 1.3 days.

iShares LifePath Target Date 2030 ETF Trading Down 0.6%

Shares of ITDB stock traded down $0.22 on Friday, reaching $34.83. The company’s stock had a trading volume of 22,838 shares, compared to its average volume of 18,387. iShares LifePath Target Date 2030 ETF has a 1 year low of $32.14 and a 1 year high of $35.65. The stock’s fifty day simple moving average is $35.01 and its 200-day simple moving average is $34.40. The company has a market capitalization of $82.90 million, a price-to-earnings ratio of 20.07 and a beta of 0.58.

iShares LifePath Target Date 2030 ETF Company Profile

The iShares LifePath Target Date 2030 ETF (ITDB) 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 2030 ITDB was launched on Oct 17, 2023 and is issued by BlackRock.