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 significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 86,444 shares, a growth of 771.1% from the June 15th total of 9,923 shares. Currently, 1.8% of the company’s shares are short sold. Based on an average daily trading volume, of 67,432 shares, the short-interest ratio is presently 1.3 days.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Up 0.2%

Shares of LCTD traded up $0.10 during midday trading on Friday, reaching $58.02. The company had a trading volume of 2,182 shares, compared to its average volume of 18,704. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 1-year low of $49.33 and a 1-year high of $60.28. The firm has a 50 day simple moving average of $57.94 and a 200-day simple moving average of $57.25. The stock has a market cap of $278.50 million, a PE ratio of 17.23 and a beta of 0.79.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Avise Financial Cooperative Inc. purchased a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $1,190,000. Northwestern Mutual Wealth Management Co. increased its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 1,211,908.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,508,857 shares of the company’s stock worth $137,134,000 after purchasing an additional 2,508,650 shares during the period. JPMorgan Chase & Co. lifted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.4% during the third quarter. JPMorgan Chase & Co. now owns 162,987 shares of the company’s stock worth $8,686,000 after purchasing an additional 29,781 shares in the last quarter. Sofi Wealth LLC lifted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 20.5% during the first quarter. Sofi Wealth LLC now owns 26,559 shares of the company’s stock worth $1,468,000 after purchasing an additional 4,515 shares in the last quarter. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $88,000.

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.