BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Sees Significant Decline in Short Interest

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 41,203 shares, a decrease of 58.3% from the August 31st total of 98,896 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 12,534 shares, the short-interest ratio is presently 3.3 days.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Down 0.4%

Shares of LCTD stock traded down $0.26 during mid-day trading on Monday, reaching $58.60. The stock had a trading volume of 7,598 shares, compared to its average volume of 17,794. The stock’s 50-day moving average price is $59.41 and its two-hundred day moving average price is $58.09. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 52-week low of $51.92 and a 52-week high of $60.77. The firm has a market capitalization of $298.86 million, a PE ratio of 17.23 and a beta of 0.79.

Institutional Trading of BlackRock World ex U.S. Carbon Transition Readiness ETF

Large investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC raised its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,337 shares of the company’s stock valued at $308,000 after purchasing an additional 194 shares during the last quarter. Capital Analysts LLC lifted its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 18.3% in the 2nd quarter. Capital Analysts LLC now owns 2,012 shares of the company’s stock worth $116,000 after buying an additional 311 shares during the period. Fifth Third Bancorp purchased a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 1st quarter worth approximately $41,000. Cornerstone Planning Group LLC grew its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 8,769.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,040 shares of the company’s stock worth $118,000 after buying an additional 2,017 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 31.1% during the second quarter. NewEdge Advisors LLC now owns 9,764 shares of the company’s stock valued at $563,000 after buying an additional 2,316 shares during the period.

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.