Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Expands By 10.3%

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 9,330,000 shares, a growth of 10.3% from the October 31st total of 8,460,000 shares. Based on an average daily volume of 1,936,300 shares, the days-to-cover ratio is currently 4.8 days.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI traded up $0.56 during trading hours on Wednesday, reaching $122.81. The stock had a trading volume of 571,304 shares, compared to its average volume of 2,927,710. iShares MSCI ACWI ETF has a 52 week low of $97.66 and a 52 week high of $122.88. The company has a 50 day moving average price of $119.77 and a two-hundred day moving average price of $115.73. The stock has a market capitalization of $19.92 billion, a PE ratio of 19.74 and a beta of 0.93.

Institutional Trading of iShares MSCI ACWI ETF

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.3% in the 3rd quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock worth $3,255,000 after purchasing an additional 86 shares during the period. Cherrydale Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock worth $1,167,000 after purchasing an additional 87 shares during the period. Ameritas Advisory Services LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,728 shares of the company’s stock worth $2,442,000 after purchasing an additional 122 shares during the period. Quent Capital LLC boosted its holdings in iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after acquiring an additional 139 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its holdings in iShares MSCI ACWI ETF by 0.5% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 27,749 shares of the company’s stock valued at $3,119,000 after acquiring an additional 149 shares during the period. Institutional investors own 61.52% of the company’s stock.

About iShares MSCI ACWI ETF

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.