iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Update

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,710,000 shares, an increase of 236.9% from the November 15th total of 804,300 shares. Based on an average trading volume of 932,700 shares, the days-to-cover ratio is currently 2.9 days.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.5 %

ACWX stock traded up $0.29 during midday trading on Wednesday, reaching $55.11. The company had a trading volume of 323,283 shares, compared to its average volume of 1,034,961. The firm has a market capitalization of $4.63 billion, a PE ratio of 14.05 and a beta of 0.82. The stock has a 50 day moving average price of $55.09 and a 200 day moving average price of $54.57. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $48.68 and a fifty-two week high of $57.96.

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Innealta Capital LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $30,000. National Bank of Canada FI boosted its holdings in shares of 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 acquiring an additional 811 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the second quarter valued at approximately $53,000. Reston Wealth Management LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter worth approximately $69,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the third quarter worth approximately $80,000.

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.