BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD – Get Free Report) saw a large decline in short interest in the month of 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 days-to-cover ratio is presently 2.3 days. Approximately 0.4% of the shares of the company are short sold.
BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Down 1.0%
LCTD traded down $0.58 during trading on Friday, reaching $58.06. 7,638 shares of the company were exchanged, compared to its average volume of 16,621. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12-month low of $51.92 and a 12-month high of $60.77. The company’s 50-day moving average is $58.74 and its two-hundred day moving average is $58.02. The company has a market cap of $317.59 million, a price-to-earnings ratio of 17.23 and a beta of 0.79.
Institutional Investors Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF
A number of institutional investors and hedge funds have recently modified their holdings of LCTD. Vise Technologies Inc. boosted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 77.5% in the third quarter. Vise Technologies Inc. now owns 15,004 shares of the company’s stock valued at $870,000 after acquiring an additional 6,553 shares during the period. MGO One Seven LLC increased its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 5.3% during the 3rd quarter. MGO One Seven LLC now owns 6,818 shares of the company’s stock worth $395,000 after acquiring an additional 342 shares during the period. Park Avenue Securities LLC bought a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter worth approximately $5,582,000. Sharkey Howes & Javer bought a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter worth approximately $631,000. Finally, Diversify Advisory Services LLC purchased a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter worth approximately $226,000.
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.
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