iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) Sees Large Drop in Short Interest

iShares LifePath Target Date 2070 ETF (NYSEARCA:ITDJ) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 6,183 shares, a drop of 35.7% from the December 15th total of 9,621 shares. Based on an average daily volume of 2,787 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.4% of the shares of the stock are sold short. Approximately 2.4% of the shares of the stock are sold short. Based on an average daily volume of 2,787 shares, the days-to-cover ratio is currently 2.2 days.

iShares LifePath Target Date 2070 ETF Stock Up 0.0%

NYSEARCA ITDJ traded up $0.01 during trading hours on Friday, reaching $30.07. The company’s stock had a trading volume of 2,818 shares, compared to its average volume of 4,665. iShares LifePath Target Date 2070 ETF has a 1 year low of $21.27 and a 1 year high of $30.22. The company has a market capitalization of $7.82 million, a price-to-earnings ratio of 20.39 and a beta of 0.98. The firm’s 50-day moving average price is $29.38 and its 200-day moving average price is $28.52.

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.