BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Short Interest Update

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 10,992 shares, a decrease of 48.5% from the May 14th total of 21,338 shares. Based on an average trading volume of 32,816 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTD traded down $0.65 during mid-day trading on Monday, hitting $57.84. The company’s stock had a trading volume of 564,860 shares, compared to its average volume of 14,185. BlackRock World ex U.S. Carbon Transition Readiness ETF has a one year low of $48.94 and a one year high of $60.28. The firm has a market capitalization of $238.30 million, a PE ratio of 17.23 and a beta of 0.79. The stock’s 50-day moving average is $58.01 and its two-hundred day moving average is $56.83.

Institutional Investors Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF

Hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $35,000. Fifth Third Bancorp acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 1st quarter valued at approximately $41,000. Raymond James Financial Inc. acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at approximately $76,000. Godfrey Financial Associates Inc. acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 4th quarter valued at approximately $88,000. Finally, Advisory Services Network LLC acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at approximately $105,000.

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.