Short Interest in iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Expands By 75.9%

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,104 shares, a growth of 75.9% from the April 15th total of 2,902 shares. Based on an average daily volume of 3,160 shares, the short-interest ratio is presently 1.6 days. Approximately 1.3% of the shares of the company are sold short.

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 iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,370 shares of the company’s stock, valued at approximately $40,000. Capital Advisors Ltd. LLC owned about 0.53% of iShares LifePath Target Date 2070 ETF at the end of the most recent quarter.

iShares LifePath Target Date 2070 ETF Stock Performance

Shares of iShares LifePath Target Date 2070 ETF stock remained flat at $31.92 on Tuesday. The stock had a trading volume of 1,594 shares, compared to its average volume of 4,584. The business has a 50-day moving average price of $30.26 and a 200 day moving average price of $29.91. iShares LifePath Target Date 2070 ETF has a fifty-two week low of $25.20 and a fifty-two week high of $32.40. The firm has a market cap of $12.13 million, a PE ratio of 20.39 and a beta of 0.89.

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.