BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 98,896 shares, an increase of 66.4% from the August 15th total of 59,429 shares. Based on an average daily volume of 18,653 shares, the short-interest ratio is currently 5.3 days. Currently, 2.0% of the company’s stock are short sold.
BlackRock World ex U.S. Carbon Transition Readiness ETF Price Performance
NYSEARCA:LCTD opened at $58.54 on Thursday. The business’s 50-day moving average is $59.27 and its two-hundred day moving average is $58.02. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $51.92 and a 12 month high of $60.77. The firm has a market capitalization of $351.18 million, a PE ratio of 17.23 and a beta of 0.79.
Institutional Investors Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF
Several hedge funds have recently modified their holdings of the stock. Concurrent Investment Advisors LLC grew its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.8% during the second quarter. Concurrent Investment Advisors LLC now owns 5,337 shares of the company’s stock valued at $308,000 after purchasing an additional 194 shares during the last quarter. LifePlan Investment Advisors Inc. lifted its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 6.9% in the 4th quarter. LifePlan Investment Advisors Inc. now owns 4,140 shares of the company’s stock worth $226,000 after purchasing an additional 269 shares during the last quarter. Capital Analysts LLC boosted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 18.3% during the 2nd quarter. Capital Analysts LLC now owns 2,012 shares of the company’s stock valued at $116,000 after purchasing an additional 311 shares during the period. Fifth Third Bancorp bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 1st quarter worth $41,000. Finally, Godfrey Financial Associates Inc. bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 4th quarter worth $88,000.
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.
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