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

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

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

Shares of ACWX opened at $55.82 on Friday. The stock has a market cap of $5.08 billion, a P/E ratio of 16.79 and a beta of 0.82. The business’s fifty day moving average is $55.47 and its 200 day moving average is $54.84. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $49.84 and a 12-month high of $57.96.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ACWX. Bank of America Corp DE raised its stake in shares of iShares MSCI ACWI ex U.S. ETF by 51.6% in the fourth quarter. Bank of America Corp DE now owns 7,498,372 shares of the company’s stock worth $391,115,000 after purchasing an additional 2,551,619 shares during the last quarter. Lazard Asset Management LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 296.4% in the 4th quarter. Lazard Asset Management LLC now owns 1,008,403 shares of the company’s stock valued at $52,598,000 after buying an additional 753,989 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at $36,088,000. Clark Capital Management Group Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth $30,789,000. Finally, Royal Bank of Canada grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 153.6% in the 4th quarter. Royal Bank of Canada now owns 714,341 shares of the company’s stock worth $37,260,000 after acquiring an additional 432,615 shares in the last quarter.

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.