iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Up 15.5% in December

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 9,980,000 shares, an increase of 15.5% from the December 15th total of 8,640,000 shares. Based on an average trading volume of 2,713,600 shares, the days-to-cover ratio is presently 3.7 days.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI opened at $119.60 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $99.89 and a fifty-two week high of $123.58. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm’s 50-day simple moving average is $119.84 and its 200 day simple moving average is $117.40.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several large investors have recently added to or reduced their stakes in ACWI. Pacifica Partners Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $40,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $67,000. Avior Wealth Management LLC lifted its position in shares of iShares MSCI ACWI ETF by 405.0% during the 4th quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock worth $71,000 after buying an additional 482 shares in the last quarter. ORG Wealth Partners LLC bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $83,000. Finally, TD Private Client Wealth LLC lifted its position in shares of iShares MSCI ACWI ETF by 81.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after buying an additional 355 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

About iShares MSCI ACWI ETF

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.