Short Interest in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Rises By 18.8%

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 10,100 shares, an increase of 18.8% from the February 13th total of 8,500 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 9,200 shares, the short-interest ratio is presently 1.1 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Down 0.2 %

NZAC traded down $0.07 during trading on Thursday, reaching $36.06. The company’s stock had a trading volume of 1,232 shares, compared to its average volume of 10,292. The company has a market cap of $147.84 million, a price-to-earnings ratio of 23.81 and a beta of 0.94. The firm has a fifty day simple moving average of $36.85 and a two-hundred day simple moving average of $36.94. SPDR MSCI ACWI Climate Paris Aligned ETF has a 1 year low of $31.90 and a 1 year high of $38.09.

Institutional Investors Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 7.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,056 shares of the company’s stock valued at $220,000 after buying an additional 434 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 3rd quarter valued at about $37,000. Jones Financial Companies Lllp grew its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 59.7% in the fourth quarter. Jones Financial Companies Lllp now owns 4,384 shares of the company’s stock valued at $159,000 after purchasing an additional 1,639 shares during the period. Envestnet Asset Management Inc. increased its position in SPDR MSCI ACWI Climate Paris Aligned ETF by 8.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 51,786 shares of the company’s stock worth $1,879,000 after purchasing an additional 4,082 shares during the last quarter. Finally, LPL Financial LLC raised its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 17.4% during the fourth quarter. LPL Financial LLC now owns 27,560 shares of the company’s stock worth $1,000,000 after purchasing an additional 4,085 shares during the period.

About SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals.