iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Sees Large Increase in Short Interest

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,061 shares, an increase of 1,940.7% from the May 31st total of 199 shares. Based on an average daily volume of 9,836 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

iShares Paris-Aligned Climate MSCI World ex USA ETF Price Performance

PABD traded down $0.27 during midday trading on Friday, reaching $68.44. 241 shares of the company’s stock traded hands, compared to its average volume of 8,460. iShares Paris-Aligned Climate MSCI World ex USA ETF has a 52 week low of $57.00 and a 52 week high of $70.25. The firm has a fifty day moving average of $68.39 and a two-hundred day moving average of $66.84. The stock has a market capitalization of $326.46 million, a price-to-earnings ratio of 18.58 and a beta of 0.62.

iShares Paris-Aligned Climate MSCI World ex USA ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $1.0144 per share. The ex-dividend date was Monday, June 15th.

iShares Paris-Aligned Climate MSCI World ex USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of large- and mid-cap stocks in developed markets excluding the US. The fund utilizes ESG criteria aligned with the Paris Climate Agreement when selecting and weighing securities. PABD was launched on Feb 8, 2022 and is issued by BlackRock.