SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Stock Short Interest Report for October

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 2,132 shares, a decrease of 83.1% from the September 30th total of 12,630 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,355 shares, the short-interest ratio is currently 0.5 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Up 0.2%

NASDAQ:NZAC traded up $0.10 during mid-day trading on Wednesday, reaching $46.54. The company’s stock had a trading volume of 1,260 shares, compared to its average volume of 8,554. SPDR MSCI ACWI Climate Paris Aligned ETF has a 12-month low of $39.32 and a 12-month high of $47.56. The firm’s fifty day moving average price is $46.68 and its two-hundred day moving average price is $44.89. The stock has a market cap of $195.47 million, a P/E ratio of 23.74 and a beta of 0.95.

Hedge Funds Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

A number of institutional investors and hedge funds have recently made changes to their positions in NZAC. PNC Financial Services Group Inc. raised its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% in the first quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock worth $7,726,000 after buying an additional 2,164 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% in the second quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock worth $2,847,000 after purchasing an additional 9,772 shares during the period. MRA Advisory Group bought a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter worth approximately $180,000. Finally, JNBA Financial Advisors bought a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter worth approximately $33,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Company Profile

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.