iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Down 93.3% in August

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 467,519 shares, a decline of 93.3% from the August 15th total of 6,932,899 shares. Based on an average daily volume of 1,884,012 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 10.7% in the second quarter. Sequoia Financial Advisors LLC now owns 383,334 shares of the company’s stock worth $29,176,000 after purchasing an additional 36,903 shares during the last quarter. Insight Wealth Partners LLC bought a new position in iShares MSCI ACWI ex U.S. ETF during the second quarter valued at $212,000. Pinnacle Wealth Management Advisory Group LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 1.5% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,808 shares of the company’s stock valued at $899,000 after purchasing an additional 176 shares during the last quarter. NorthRock Partners LLC bought a new position in iShares MSCI ACWI ex U.S. ETF during the second quarter valued at $234,000. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 4.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,863 shares of the company’s stock worth $903,000 after buying an additional 551 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Down 1.2%

iShares MSCI ACWI ex U.S. ETF stock traded down $0.97 during midday trading on Thursday, reaching $76.63. 1,230,526 shares of the stock traded hands, compared to its average volume of 2,395,943. The stock’s fifty day moving average is $76.35 and its 200-day moving average is $74.25. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $63.87 and a 12 month high of $78.78. The stock has a market cap of $11.71 billion, a P/E ratio of 16.03 and a beta of 0.77.

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.