iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Short Interest Down 45.1% in March

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 7,485 shares, a decrease of 45.1% from the February 26th total of 13,627 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,121 shares, the days-to-cover ratio is presently 6.7 days.

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

NASDAQ PABD traded down $0.60 during trading hours on Friday, reaching $61.32. 5,158 shares of the company’s stock traded hands, compared to its average volume of 9,513. iShares Paris-Aligned Climate MSCI World ex USA ETF has a 52-week low of $49.12 and a 52-week high of $70.25. The firm has a market cap of $279.62 million, a PE ratio of 18.58 and a beta of 0.45. The firm has a 50-day simple moving average of $66.68 and a 200 day simple moving average of $64.87.

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.