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

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 199 shares, an increase of 610.7% from the May 14th total of 28 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,810 shares, the short-interest ratio is presently 0.0 days.

iShares Paris-Aligned Climate MSCI World ex USA ETF Stock Up 0.1%

PABD traded up $0.06 on Friday, hitting $69.55. 5,792 shares of the company traded hands, compared to its average volume of 8,558. The company has a 50 day moving average of $67.70 and a 200-day moving average of $66.44. The stock has a market capitalization of $331.75 million, a PE ratio of 18.58 and a beta of 0.62. iShares Paris-Aligned Climate MSCI World ex USA ETF has a 12-month low of $57.00 and a 12-month high of $70.25.

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.