iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Short Interest Update

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

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

NASDAQ PABD opened at $61.92 on Friday. The company has a market cap of $282.36 million, a P/E ratio of 18.58 and a beta of 0.45. The stock has a 50-day moving average of $66.79 and a two-hundred day moving average of $64.87. iShares Paris-Aligned Climate MSCI World ex USA ETF has a 1-year low of $49.12 and a 1-year 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.