BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Shares Shorted: Short Interest Down 58.3% in October

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 19,699 shares, a decline of 58.3% from the September 30th total of 47,192 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 8,553 shares, the short-interest ratio is currently 2.3 days.

Institutional Trading of BlackRock World ex U.S. Carbon Transition Readiness ETF

Large investors have recently bought and sold shares of the business. Vise Technologies Inc. raised its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 77.5% in the 3rd quarter. Vise Technologies Inc. now owns 15,004 shares of the company’s stock worth $870,000 after acquiring an additional 6,553 shares in the last quarter. MGO One Seven LLC boosted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 5.3% during the 3rd quarter. MGO One Seven LLC now owns 6,818 shares of the company’s stock valued at $395,000 after purchasing an additional 342 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter valued at about $5,582,000. Sharkey Howes & Javer acquired a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter worth approximately $631,000. Finally, Diversify Advisory Services LLC acquired a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter worth approximately $226,000.

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

Shares of LCTD traded down $0.58 during trading hours on Friday, hitting $58.06. 7,638 shares of the stock were exchanged, compared to its average volume of 16,621. BlackRock World ex U.S. Carbon Transition Readiness ETF has a fifty-two week low of $51.92 and a fifty-two week high of $60.77. The business has a 50-day moving average of $58.78 and a 200-day moving average of $58.02. The firm has a market capitalization of $317.59 million, a P/E ratio of 17.23 and a beta of 0.79.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

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.