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 target 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 daily trading volume, of 1,163,900 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ORG Partners LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth about $28,000. National Bank of Canada FI grew its stake in iShares MSCI ACWI ex U.S. ETF by 1,622.0% in the second 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 in the last quarter. Reston Wealth Management LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the third quarter valued at approximately $69,000. Brown Brothers Harriman & Co. acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth approximately $80,000. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 51.0% in the 4th quarter. GAMMA Investing LLC now owns 1,984 shares of the company’s stock valued at $103,000 after buying an additional 670 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.6 %

NASDAQ:ACWX opened at $51.70 on Wednesday. The company has a market cap of $4.78 billion, a P/E ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $48.68 and a twelve month high of $57.96. The business has a 50 day moving average price of $53.49 and a two-hundred day moving average price of $54.40.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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

About iShares MSCI ACWI ex U.S. ETF

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.