Short Interest in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Rises By 159.2%

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 3,370,000 shares, an increase of 159.2% from the February 28th total of 1,300,000 shares. Currently, 3.7% of the company’s shares are short sold. Based on an average trading volume of 1,537,600 shares, the days-to-cover ratio is currently 2.2 days.

iShares MSCI ACWI ex U.S. ETF Stock Down 1.2 %

Shares of ACWX stock opened at $55.82 on Friday. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 16.79 and a beta of 0.82. The stock has a fifty day moving average of $55.47 and a 200 day moving average of $54.84. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $49.84 and a 52 week high of $57.96.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. ORG Partners LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at about $28,000. Copia Wealth Management purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $30,000. Assetmark Inc. bought a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth approximately $39,000. Finally, CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at approximately $51,000.

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.