iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Short Interest Update

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 11,461 shares, a decline of 58.3% from the May 14th total of 27,511 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 8,199 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On iShares MSCI ACWI Low Carbon Target ETF

Several institutional investors have recently bought and sold shares of CRBN. Citadel Advisors LLC increased its stake in iShares MSCI ACWI Low Carbon Target ETF by 418.3% during the 3rd quarter. Citadel Advisors LLC now owns 24,819 shares of the company’s stock valued at $5,631,000 after buying an additional 20,030 shares during the period. Midwest Financial Partners Investments Inc. acquired a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter valued at approximately $2,533,000. Royal Bank of Canada increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 85.4% during the fourth quarter. Royal Bank of Canada now owns 21,070 shares of the company’s stock valued at $4,857,000 after acquiring an additional 9,706 shares during the period. BSW Wealth Partners raised its holdings in iShares MSCI ACWI Low Carbon Target ETF by 31.3% during the fourth quarter. BSW Wealth Partners now owns 39,542 shares of the company’s stock worth $9,116,000 after purchasing an additional 9,423 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in iShares MSCI ACWI Low Carbon Target ETF by 114.7% in the second quarter. Jane Street Group LLC now owns 15,818 shares of the company’s stock worth $3,351,000 after purchasing an additional 8,451 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Stock Up 0.5%

CRBN stock traded up $1.26 during trading on Friday, reaching $252.34. 6,482 shares of the company’s stock were exchanged, compared to its average volume of 9,530. iShares MSCI ACWI Low Carbon Target ETF has a 1-year low of $202.56 and a 1-year high of $257.83. The firm has a market cap of $1.11 billion, a PE ratio of -2,294.00 and a beta of 0.93. The company’s fifty day moving average price is $245.48 and its 200-day moving average price is $236.96.

iShares MSCI ACWI Low Carbon Target ETF Company Profile

The iShares MSCI ACWI Low Carbon Target ETF (CRBN) is an exchange-traded fund that is based on the MSCI ACWI Low Carbon Target index. The fund tracks an index of stocks from global firms selected for a bias toward lower carbon emissions. CRBN was launched on Dec 9, 2014 and is managed by BlackRock.