Short Interest in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Decreases By 16.8%

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 12,400 shares, a decline of 16.8% from the December 31st total of 14,900 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is presently 0.8 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Performance

Shares of NZAC stock traded down $0.16 on Monday, reaching $37.04. 9,579 shares of the company’s stock traded hands, compared to its average volume of 8,742. SPDR MSCI ACWI Climate Paris Aligned ETF has a 12-month low of $31.90 and a 12-month high of $38.09. The company has a market capitalization of $151.86 million, a P/E ratio of 24.77 and a beta of 0.94. The business’s 50 day moving average price is $37.03 and its two-hundred day moving average price is $36.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Aptus Capital Advisors LLC acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 3rd quarter worth about $37,000. Concourse Financial Group Securities Inc. bought a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 3rd quarter valued at $45,000. CWC Advisors LLC. bought a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter valued at $387,000. Jane Street Group LLC acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter worth $409,000. Finally, Truist Financial Corp boosted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 2.0% in the 2nd quarter. Truist Financial Corp now owns 38,394 shares of the company’s stock worth $1,324,000 after purchasing an additional 747 shares during the period.

About SPDR MSCI ACWI Climate Paris Aligned ETF

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.