BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Shares Shorted: Short Interest Down 58.3% in October

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a significant decline in short interest in 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 daily volume of 8,553 shares, the short-interest ratio is currently 2.3 days. Approximately 0.4% of the company’s stock are short sold.

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

Hedge funds have recently modified their holdings of the stock. Sharkey Howes & Javer acquired a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter valued at about $631,000. Park Avenue Securities LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at approximately $5,582,000. Diversify Advisory Services LLC acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the third quarter worth approximately $226,000. RCS Financial Planning LLC acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the third quarter worth approximately $215,000. Finally, SigFig Wealth Management LLC increased its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 2.1% in the third quarter. SigFig Wealth Management LLC now owns 9,049 shares of the company’s stock worth $524,000 after buying an additional 185 shares during the last quarter.

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

BlackRock World ex U.S. Carbon Transition Readiness ETF stock opened at $58.06 on Friday. The firm has a market cap of $317.59 million, a PE ratio of 17.23 and a beta of 0.79. The firm’s 50 day moving average price is $58.74 and its two-hundred day moving average price is $58.02. BlackRock World ex U.S. Carbon Transition Readiness ETF has a twelve month low of $51.92 and a twelve month high of $60.77.

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.