iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Significant Decrease in Short Interest

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 682,500 shares, a drop of 67.0% from the December 15th total of 2,070,000 shares. Based on an average trading volume of 1,163,900 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. National Bank of Canada FI increased its position in iShares MSCI ACWI ex U.S. ETF by 1,622.0% during the 2nd quarter. National Bank of Canada FI now owns 861 shares of the company’s stock valued at $46,000 after purchasing an additional 811 shares during the period. Private Advisor Group LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 52.3% in the second quarter. Private Advisor Group LLC now owns 11,460 shares of the company’s stock worth $609,000 after buying an additional 3,934 shares during the period. Wealthspire Advisors LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 2nd quarter valued at approximately $420,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 36.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 674,605 shares of the company’s stock worth $35,842,000 after acquiring an additional 180,622 shares during the period. Finally, Blair William & Co. IL raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 1.9% in the 2nd quarter. Blair William & Co. IL now owns 273,981 shares of the company’s stock worth $14,557,000 after acquiring an additional 5,172 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

ACWX traded down $0.42 during midday trading on Monday, hitting $51.18. The stock had a trading volume of 847,858 shares, compared to its average volume of 1,270,461. The company has a market cap of $4.73 billion, a P/E ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $48.68 and a 1 year high of $57.96. The business has a fifty day moving average of $53.63 and a 200 day moving average of $54.42.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.7673 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI ACWI ex U.S. ETF Company Profile

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.