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 large decrease in short interest during 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. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 32,816 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.5% in the 4th quarter. NewEdge Advisors LLC now owns 7,508 shares of the company’s stock valued at $410,000 after acquiring an additional 257 shares in the last quarter. Cerity Partners LLC lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 0.8% in the 2nd quarter. Cerity Partners LLC now owns 31,315 shares of the company’s stock valued at $1,593,000 after acquiring an additional 259 shares in the last quarter. LifePlan Investment Advisors Inc. lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 6.9% in the 4th quarter. LifePlan Investment Advisors Inc. now owns 4,140 shares of the company’s stock valued at $226,000 after acquiring an additional 269 shares in the last quarter. CoreCap Advisors LLC lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 11.6% in the 4th quarter. CoreCap Advisors LLC now owns 2,604 shares of the company’s stock valued at $142,000 after acquiring an additional 271 shares in the last quarter. Finally, Maia Wealth LLC lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 8.0% in the 3rd quarter. Maia Wealth LLC now owns 4,272 shares of the company’s stock valued at $232,000 after acquiring an additional 315 shares in the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Up 0.3%

LCTD stock traded up $0.17 during midday trading on Friday, hitting $58.49. The company’s stock had a trading volume of 4,753 shares, compared to its average volume of 9,268. The company has a market cap of $240.98 million, a PE ratio of 17.23 and a beta of 0.79. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $48.94 and a 12 month high of $60.28. The firm’s 50-day moving average is $57.97 and its 200-day moving average is $56.77.

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.