BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Sees Significant Increase in Short Interest

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 December. As of December 15th, there was short interest totaling 578 shares, an increase of 176.6% from the November 30th total of 209 shares. Based on an average daily volume of 6,612 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,612 shares, the short-interest ratio is currently 0.1 days.

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

Several large investors have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 58.3% during the first quarter. HighTower Advisors LLC now owns 9,350 shares of the company’s stock worth $432,000 after buying an additional 3,443 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 1st quarter valued at $1,050,000. Janney Montgomery Scott LLC lifted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 27,036 shares of the company’s stock valued at $1,375,000 after acquiring an additional 4,976 shares during the last quarter. CWM LLC boosted its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 121.1% during the 2nd quarter. CWM LLC now owns 69,073 shares of the company’s stock worth $3,513,000 after acquiring an additional 37,832 shares in the last quarter. Finally, MGO One Seven LLC grew its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.5% in the 2nd quarter. MGO One Seven LLC now owns 8,806 shares of the company’s stock worth $448,000 after acquiring an additional 296 shares during the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA LCTD traded up $0.12 during midday trading on Friday, hitting $55.07. 10,082 shares of the company’s stock were exchanged, compared to its average volume of 16,189. BlackRock World ex U.S. Carbon Transition Readiness ETF has a twelve month low of $41.26 and a twelve month high of $55.36. The firm has a market cap of $256.08 million, a P/E ratio of 17.23 and a beta of 0.82. The stock’s 50 day moving average price is $54.10 and its 200-day moving average price is $52.56.

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.