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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 826,200 shares, a growth of 48.9% from the January 15th total of 554,900 shares. Based on an average daily trading volume, of 1,356,100 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2 %

Shares of ACWX stock opened at $55.91 on Friday. The stock has a 50-day simple moving average of $53.40 and a 200 day simple moving average of $54.37. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $49.84 and a fifty-two week high of $57.96. The stock has a market capitalization of $5.09 billion, a P/E ratio of 14.05 and a beta of 0.82.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.7673 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ACWX. Raymond James Financial Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at about $36,088,000. Winthrop Advisory Group LLC boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 117.2% in the 4th quarter. Winthrop Advisory Group LLC now owns 757,613 shares of the company’s stock valued at $39,517,000 after purchasing an additional 408,828 shares during the period. Cadence Bank acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $22,809,000. Polen Capital Management LLC boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 863.2% in the 4th quarter. Polen Capital Management LLC now owns 380,271 shares of the company’s stock valued at $19,835,000 after purchasing an additional 340,791 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $18,892,000.

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.