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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 467,519 shares, a drop of 93.3% from the August 15th total of 6,932,899 shares. Based on an average trading volume of 1,884,012 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Clarendon Private LLC increased its stake in shares of iShares MSCI ACWI ex U.S. ETF by 50.9% in the fourth quarter. Clarendon Private LLC now owns 74,650 shares of the company’s stock valued at $5,011,000 after buying an additional 25,188 shares during the period. Cullen Capital Management LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 55.6% in the fourth quarter. Cullen Capital Management LLC now owns 186,200 shares of the company’s stock valued at $12,500,000 after buying an additional 66,539 shares during the period. Palatine Hill Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $683,000. Ramirez Asset Management Inc. boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 3,449.7% during the 4th quarter. Ramirez Asset Management Inc. now owns 40,608 shares of the company’s stock worth $2,726,000 after purchasing an additional 39,464 shares in the last quarter. Finally, MML Investors Services LLC grew its position in iShares MSCI ACWI ex U.S. ETF by 40.4% in the 4th quarter. MML Investors Services LLC now owns 1,048,816 shares of the company’s stock valued at $70,407,000 after purchasing an additional 301,687 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Performance

iShares MSCI ACWI ex U.S. ETF stock traded up $0.77 during midday trading on Friday, reaching $77.39. 874,730 shares of the company’s stock were exchanged, compared to its average volume of 2,385,746. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $63.87 and a 52 week high of $78.78. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. The stock’s 50-day simple moving average is $76.35 and its 200 day simple moving average is $74.25.

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.