iShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD) Sees Significant Decrease in Short Interest
by Jessica Moore · The Cerbat GemiShares Paris-Aligned Climate MSCI World ex USA ETF (NASDAQ:PABD – Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 2,904 shares, a decline of 61.2% from the March 15th total of 7,485 shares. Based on an average daily trading volume, of 12,231 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.
iShares Paris-Aligned Climate MSCI World ex USA ETF Trading Up 0.5%
Shares of PABD traded up $0.34 during trading hours on Friday, reaching $67.16. 10 shares of the stock traded hands, compared to its average volume of 10,025. iShares Paris-Aligned Climate MSCI World ex USA ETF has a 52-week low of $53.09 and a 52-week high of $70.25. The company’s 50-day moving average price is $66.14 and its two-hundred day moving average price is $65.00. The company has a market cap of $320.37 million, a P/E ratio of 18.58 and a beta of 0.61.
iShares Paris-Aligned Climate MSCI World ex USA ETF Company Profile
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.