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) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 98,896 shares, an increase of 66.4% from the August 15th total of 59,429 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 18,653 shares, the days-to-cover ratio is presently 5.3 days.

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

Several large investors have recently added to or reduced their stakes in the business. Avise Financial Cooperative Inc. bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the fourth quarter worth $1,190,000. Gateway Wealth Partners LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the first quarter valued at about $343,000. Royal Bank of Canada raised its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 21.7% during the first quarter. Royal Bank of Canada now owns 30,439 shares of the company’s stock valued at $1,683,000 after purchasing an additional 5,419 shares in the last quarter. Sofi Wealth LLC increased its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 20.5% during the 1st quarter. Sofi Wealth LLC now owns 26,559 shares of the company’s stock valued at $1,468,000 after buying an additional 4,515 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 31.1% during the 2nd quarter. NewEdge Advisors LLC now owns 9,764 shares of the company’s stock worth $563,000 after buying an additional 2,316 shares in the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Down 0.4%

NYSEARCA LCTD opened at $58.54 on Thursday. The company has a 50-day moving average price of $59.27 and a two-hundred day moving average price of $58.02. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 52 week low of $51.92 and a 52 week high of $60.77. The stock has a market cap of $351.18 million, a price-to-earnings 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.