SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Sees Significant Decline in Short Interest

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 12,400 shares, a decline of 16.8% from the December 31st total of 14,900 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is currently 0.8 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Performance

Shares of SPDR MSCI ACWI Climate Paris Aligned ETF stock traded down $0.16 during trading on Friday, reaching $37.25. The company had a trading volume of 6,521 shares, compared to its average volume of 8,701. SPDR MSCI ACWI Climate Paris Aligned ETF has a fifty-two week low of $31.70 and a fifty-two week high of $38.09. The firm’s fifty day moving average is $37.03 and its 200-day moving average is $36.55. The company has a market cap of $152.74 million, a price-to-earnings ratio of 24.77 and a beta of 0.94.

Institutional Trading of SPDR MSCI ACWI Climate Paris Aligned ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter valued at approximately $37,000. Concourse Financial Group Securities Inc. acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the third quarter worth $45,000. CWC Advisors LLC. acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the third quarter worth $387,000. Jane Street Group LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the third quarter valued at $409,000. Finally, Truist Financial Corp raised its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 2.0% during the second quarter. Truist Financial Corp now owns 38,394 shares of the company’s stock worth $1,324,000 after purchasing an additional 747 shares during the period.

SPDR MSCI ACWI Climate Paris Aligned ETF Company Profile

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.