iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Sees Large Decrease in Short Interest

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 309 shares, a drop of 34.8% from the September 30th total of 474 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 664 shares, the days-to-cover ratio is presently 0.5 days.

iShares Paris-Aligned Climate MSCI World ex USA ETF Stock Performance

Shares of NASDAQ PABD traded down $0.08 during mid-day trading on Tuesday, hitting $68.40. The stock had a trading volume of 321 shares, compared to its average volume of 5,400. The firm has a market cap of $326.29 million, a PE ratio of 18.50 and a beta of 0.64. The company has a 50 day moving average of $68.85 and a two-hundred day moving average of $68.14. iShares Paris-Aligned Climate MSCI World ex USA ETF has a twelve month low of $57.00 and a twelve month high of $71.88.

About iShares Paris-Aligned Climate MSCI World ex USA ETF

The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of large- and mid-cap stocks in developed markets excluding the US. The fund utilizes ESG criteria aligned with the Paris Climate Agreement when selecting and weighing securities. PABD was launched on Feb 8, 2022 and is issued by BlackRock.