SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Short Interest Update

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 9,400 shares, an increase of 304.0% from the February 12th total of 2,327 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 29,545 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 29,545 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the fourth quarter worth about $28,000. Harbour Investments Inc. bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at $117,000. Kestra Advisory Services LLC acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter worth $129,000. Osaic Holdings Inc. raised its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 20.9% during the second quarter. Osaic Holdings Inc. now owns 3,315 shares of the company’s stock valued at $131,000 after purchasing an additional 572 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter valued at about $201,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Down 0.2%

Shares of NASDAQ NZAC traded down $0.09 during trading on Wednesday, reaching $42.12. 64,357 shares of the stock were exchanged, compared to its average volume of 13,660. The company has a market capitalization of $176.90 million, a price-to-earnings ratio of 23.74 and a beta of 0.95. The business’s 50-day moving average price is $43.10 and its 200 day moving average price is $42.66. SPDR MSCI ACWI Climate Paris Aligned ETF has a twelve month low of $31.41 and a twelve month high of $43.92.

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.