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

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 28 shares, a decrease of 95.7% from the April 30th total of 653 shares. Based on an average trading volume of 6,381 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

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

Shares of PABD traded down $0.29 during trading hours on Wednesday, hitting $69.11. 347 shares of the stock were exchanged, compared to its average volume of 8,217. iShares Paris-Aligned Climate MSCI World ex USA ETF has a fifty-two week low of $57.00 and a fifty-two week high of $70.25. The business has a 50-day moving average of $66.35 and a 200-day moving average of $66.00. The firm has a market capitalization of $329.65 million, a P/E ratio of 18.58 and a beta of 0.63.

iShares Paris-Aligned Climate MSCI World ex USA ETF Company Profile

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.