iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Sees Significant Growth in Short Interest

iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,061 shares, an increase of 1,940.7% from the May 31st total of 199 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 9,836 shares, the days-to-cover ratio is currently 0.4 days.

iShares Paris-Aligned Climate MSCI World ex USA ETF Trading Up 0.9%

NASDAQ:PABD traded up $0.62 during mid-day trading on Thursday, hitting $68.71. 1,090 shares of the company’s stock were exchanged, compared to its average volume of 8,529. iShares Paris-Aligned Climate MSCI World ex USA ETF has a fifty-two week low of $57.00 and a fifty-two week high of $70.25. The firm has a market capitalization of $327.75 million, a P/E ratio of 18.58 and a beta of 0.62. The company has a 50 day simple moving average of $68.39 and a 200-day simple moving average of $66.83.

iShares Paris-Aligned Climate MSCI World ex USA ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $1.0144 dividend. The ex-dividend date of this dividend was Monday, June 15th.

About iShares Paris-Aligned Climate MSCI World ex USA ETF

The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of large- and mid-cap stocks in developed markets excluding the US. The fund utilizes ESG criteria aligned with the Paris Climate Agreement when selecting and weighing securities. PABD was launched on Feb 8, 2022 and is issued by BlackRock.