iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Down 53.8% in October

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 586,300 shares, a decline of 53.8% from the September 30th total of 1,270,000 shares. Based on an average daily volume of 778,900 shares, the short-interest ratio is currently 0.8 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Innealta Capital LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 2nd quarter worth $30,000. National Bank of Canada FI increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1,622.0% during the second quarter. National Bank of Canada FI now owns 861 shares of the company’s stock valued at $46,000 after acquiring an additional 811 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at approximately $53,000. GAMMA Investing LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 60.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,698 shares of the company’s stock worth $90,000 after purchasing an additional 641 shares in the last quarter. Finally, Independence Bank of Kentucky acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth approximately $100,000.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.3 %

ACWX opened at $55.18 on Friday. The stock’s fifty day moving average is $55.78 and its two-hundred day moving average is $54.27. The company has a market capitalization of $4.64 billion, a P/E ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $44.89 and a 52 week high of $57.96.

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.