BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 27,154 shares, an increase of 341.0% from the June 15th total of 6,158 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,564 shares, the short-interest ratio is currently 1.2 days.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Wellington Grp LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the first quarter valued at $27,000. Western Wealth Management LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter worth about $28,000. Camelot Portfolios LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth about $30,000. Clean Yield Group purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $31,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at about $45,000.
BlackRock U.S. Carbon Transition Readiness ETF Price Performance
Shares of NYSEARCA:LCTU traded up $0.36 during trading on Friday, reaching $81.21. 12,288 shares of the company were exchanged, compared to its average volume of 37,120. The business’s fifty day simple moving average is $79.49 and its 200-day simple moving average is $75.76. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $67.29 and a 12-month high of $81.27. The firm has a market capitalization of $1.50 billion, a PE ratio of 25.46 and a beta of 1.02.
BlackRock U.S. Carbon Transition Readiness ETF Company Profile
The BlackRock U.S. Carbon Transition Readiness ETF (LCTU) is an exchange-traded fund that is based on the Russell 1000 index. The fund is an actively-managed portfolio of large- and mid-cap US firms in the Russell 1000 Index that are selected and weighted with a preference for lower carbon emissions. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
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