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 target of a significant increase in short interest in 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 presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,612 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LCTD. HighTower Advisors LLC grew its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 58.3% during the 1st quarter. HighTower Advisors LLC now owns 9,350 shares of the company’s stock worth $432,000 after buying an additional 3,443 shares during the last quarter. Cetera Investment Advisers lifted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.4% in the second quarter. Cetera Investment Advisers now owns 80,148 shares of the company’s stock valued at $4,077,000 after buying an additional 2,640 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 6.7% during the second quarter. Assetmark Inc. now owns 30,407 shares of the company’s stock valued at $1,547,000 after acquiring an additional 1,899 shares during the period. Janney Montgomery Scott LLC grew its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.6% during the second quarter. Janney Montgomery Scott LLC now owns 27,036 shares of the company’s stock worth $1,375,000 after acquiring an additional 4,976 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 56.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,330 shares of the company’s stock worth $169,000 after acquiring an additional 1,197 shares during the period.

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

BlackRock World ex U.S. Carbon Transition Readiness ETF stock traded up $0.12 during midday trading on Friday, hitting $55.07. 10,082 shares of the stock were exchanged, compared to its average volume of 16,189. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 1 year low of $41.26 and a 1 year 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 company has a 50 day moving average price of $54.10 and a two-hundred day moving average price of $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.