BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Short Interest Update

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 10,261 shares, a decline of 27.1% from the February 26th total of 14,081 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 15,320 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the first quarter valued at approximately $1,050,000. Elevation Point Wealth Partners LLC bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $41,000. Twin Peaks Wealth Advisors LLC acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 2nd quarter worth $75,000. Flow Traders U.S. LLC lifted its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 2.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 81,644 shares of the company’s stock worth $4,153,000 after buying an additional 2,248 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 0.8% in the 2nd quarter. Cerity Partners LLC now owns 31,315 shares of the company’s stock valued at $1,593,000 after buying an additional 259 shares during the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Down 0.9%

LCTD stock opened at $53.59 on Friday. The firm has a 50 day moving average of $57.18 and a two-hundred day moving average of $55.21. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $41.26 and a 12 month high of $60.28. The company has a market capitalization of $220.79 million, a price-to-earnings ratio of 17.23 and a beta of 0.82.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

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.