iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Sees Large Growth in Short Interest

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 35,162 shares, an increase of 202.2% from the August 31st total of 11,634 shares. Based on an average daily trading volume, of 30,939 shares, the short-interest ratio is presently 1.1 days. Approximately 1.3% of the shares of the stock are short sold.

iShares LifePath Target Date 2045 ETF Trading Up 0.5%

ITDE traded up $0.20 on Friday, hitting $40.46. 8,394 shares of the company’s stock were exchanged, compared to its average volume of 13,536. iShares LifePath Target Date 2045 ETF has a fifty-two week low of $34.81 and a fifty-two week high of $41.23. The stock has a market cap of $106.81 million, a price-to-earnings ratio of 20.03 and a beta of 0.81. The firm has a 50-day moving average price of $40.43 and a 200-day moving average price of $39.19.

About iShares LifePath Target Date 2045 ETF

(Get Free Report)

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.

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