BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Stock Short Interest Drops 58.3%

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a large decline in short interest during 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. Based on an average trading volume of 8,553 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.4% of the company’s shares are short sold.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Down 1.0%

NYSEARCA LCTD traded down $0.58 on Friday, hitting $58.06. The company’s stock had a trading volume of 7,638 shares, compared to its average volume of 16,621. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 1-year low of $51.92 and a 1-year high of $60.77. The company’s 50-day moving average is $58.78 and its 200 day moving average is $58.02. The firm has a market cap of $317.59 million, a PE ratio of 17.23 and a beta of 0.79.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vise Technologies Inc. grew 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 valued at $870,000 after buying an additional 6,553 shares during the last quarter. MGO One Seven LLC increased its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 5.3% in the third quarter. MGO One Seven LLC now owns 6,818 shares of the company’s stock valued at $395,000 after buying an additional 342 shares during the period. Park Avenue Securities LLC bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter worth about $5,582,000. Sharkey Howes & Javer bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter worth about $631,000. Finally, Diversify Advisory Services LLC acquired a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the third quarter worth approximately $226,000.

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.