BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Short Interest Up 176.6% in December

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 578 shares, a growth of 176.6% from the November 30th total of 209 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,612 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 6,612 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

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

Several hedge funds have recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC purchased a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the second quarter valued at approximately $41,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter worth $75,000. Raymond James Financial Inc. purchased a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at $76,000. Advisory Services Network LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter worth $105,000. Finally, First Horizon Advisors Inc. grew its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 56.1% in the second 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 in the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Up 0.2%

Shares of LCTD stock traded up $0.12 during trading on Friday, reaching $55.07. 10,082 shares of the company’s stock traded hands, compared to its average volume of 16,189. The firm’s 50-day moving average is $54.12 and its 200 day moving average is $52.59. The company has a market capitalization of $256.08 million, a P/E ratio of 17.23 and a beta of 0.82. 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.

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.