iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Sees Large Increase in Short Interest

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 8,084 shares, an increase of 33.9% from the November 30th total of 6,037 shares. Based on an average daily volume of 4,761 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.4% of the company’s stock are short sold. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 4,761 shares, the days-to-cover ratio is presently 1.7 days.

iShares LifePath Target Date 2060 ETF Stock Up 0.0%

ITDH stock traded up $0.01 during trading on Tuesday, reaching $37.86. The stock had a trading volume of 8,934 shares, compared to its average volume of 4,293. The company has a market capitalization of $21.20 million, a price-to-earnings ratio of 20.21 and a beta of 0.87. iShares LifePath Target Date 2060 ETF has a one year low of $27.20 and a one year high of $38.39. The company’s 50 day moving average is $37.67 and its two-hundred day moving average is $36.36.

Institutional Trading of iShares LifePath Target Date 2060 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2060 ETF stock. Cyr Financial Inc. acquired a new position in iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,645 shares of the company’s stock, valued at approximately $209,000. Cyr Financial Inc. owned 1.01% of iShares LifePath Target Date 2060 ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares LifePath Target Date 2060 ETF

The iShares LifePath Target Date 2060 ETF USD (ITDH) 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 2060 ITDH was launched on Oct 17, 2023 and is issued by BlackRock.