BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Short Interest Update

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 86,444 shares, an increase of 771.1% from the June 15th total of 9,923 shares. Based on an average daily volume of 67,432 shares, the short-interest ratio is presently 1.3 days. Currently, 1.8% of the shares of the stock are sold short.

Institutional Investors Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LCTD. CIBC Private Wealth Group LLC purchased a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $35,000. Fifth Third Bancorp purchased a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 1st quarter valued at about $41,000. Raymond James Financial Inc. acquired a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $76,000. Godfrey Financial Associates Inc. purchased a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 4th quarter worth approximately $88,000. Finally, Advisory Services Network LLC purchased a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter worth approximately $105,000.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Up 0.2%

Shares of BlackRock World ex U.S. Carbon Transition Readiness ETF stock traded up $0.10 on Friday, reaching $58.02. The company’s stock had a trading volume of 2,182 shares, compared to its average volume of 18,704. The company has a market capitalization of $278.50 million, a P/E ratio of 17.23 and a beta of 0.79. The stock has a 50-day moving average price of $57.94 and a 200-day moving average price of $57.25. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 52-week low of $49.33 and a 52-week high of $60.28.

BlackRock World ex U.S. Carbon Transition Readiness ETF Company Profile

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition. LCTD was launched on Apr 6, 2021 and is managed by BlackRock.