iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Significant Decrease in Short Interest

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant drop in short interest in 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 volume of 1,163,900 shares, the days-to-cover ratio is presently 0.6 days.

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

Institutional investors have recently modified their holdings of the business. SG Americas Securities LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth approximately $25,005,000. Bank of Montreal Can increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 3,202.2% during the second quarter. Bank of Montreal Can now owns 435,694 shares of the company’s stock worth $23,227,000 after acquiring an additional 422,500 shares in the last quarter. Winthrop Advisory Group LLC raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 117.2% during the fourth quarter. Winthrop Advisory Group LLC now owns 757,613 shares of the company’s stock worth $39,517,000 after acquiring an additional 408,828 shares during the period. Cadence Bank acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the third quarter worth $22,809,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $18,892,000.

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

ACWX opened at $51.70 on Wednesday. The stock 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 12 month low of $48.68 and a 12 month high of $57.96. The company has a fifty day simple moving average of $53.49 and a 200 day simple moving average of $54.40.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.7673 dividend. The ex-dividend date 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.