Short Interest in BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Expands By 2,499.1%

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 15,023 shares, an increase of 2,499.1% from the December 15th total of 578 shares. Based on an average daily trading volume, of 9,530 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 9,530 shares, the days-to-cover ratio is currently 1.6 days.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Up 0.6%

LCTD traded up $0.33 on Monday, hitting $56.50. 9,362 shares of the company’s stock were exchanged, compared to its average volume of 7,437. The stock has a fifty day moving average of $54.36 and a two-hundred day moving average of $53.00. BlackRock World ex U.S. Carbon Transition Readiness ETF has a twelve month low of $41.26 and a twelve month high of $56.51. The firm has a market cap of $232.78 million, a PE ratio of 17.23 and a beta of 0.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.4% in the 2nd quarter. Cetera Investment Advisers now owns 80,148 shares of the company’s stock valued at $4,077,000 after purchasing an additional 2,640 shares during the last quarter. Assetmark Inc. grew its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 6.7% in the 2nd quarter. Assetmark Inc. now owns 30,407 shares of the company’s stock worth $1,547,000 after purchasing an additional 1,899 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.6% in the second quarter. Janney Montgomery Scott LLC now owns 27,036 shares of the company’s stock valued at $1,375,000 after purchasing an additional 4,976 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 56.1% during the second quarter. First Horizon Advisors Inc. now owns 3,330 shares of the company’s stock valued at $169,000 after buying an additional 1,197 shares during the last quarter. Finally, CWM LLC boosted its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 121.1% during the second quarter. CWM LLC now owns 69,073 shares of the company’s stock worth $3,513,000 after buying an additional 37,832 shares during the period.

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.