iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Short Interest Up 159.2% in August

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDCGet Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 22,673 shares, a growth of 159.2% from the August 15th total of 8,746 shares. Based on an average daily trading volume, of 16,602 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.8% of the company’s shares are sold short.

iShares LifePath Target Date 2035 ETF Stock Performance

Shares of NYSEARCA:ITDC opened at $36.84 on Friday. The firm has a market cap of $109.78 million, a PE ratio of 20.04 and a beta of 0.65. The firm’s 50 day simple moving average is $36.86 and its 200-day simple moving average is $35.94. iShares LifePath Target Date 2035 ETF has a one year low of $33.03 and a one year high of $37.56.

Institutional Trading of iShares LifePath Target Date 2035 ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in shares of iShares LifePath Target Date 2035 ETF in the 4th quarter worth approximately $102,000. Creative Planning bought a new stake in iShares LifePath Target Date 2035 ETF during the 3rd quarter valued at $203,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of iShares LifePath Target Date 2035 ETF in the 1st quarter worth $345,000.

iShares LifePath Target Date 2035 ETF Company Profile

(Get Free Report)

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.

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