Short Interest in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Drops By 23.6%

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,070,000 shares, a decline of 23.6% from the November 30th total of 2,710,000 shares. Based on an average trading volume of 1,141,200 shares, the short-interest ratio is currently 1.8 days.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.9 %

NASDAQ:ACWX traded down $0.45 during mid-day trading on Monday, hitting $52.14. 182,879 shares of the company’s stock traded hands, compared to its average volume of 1,074,687. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The firm has a 50 day moving average of $54.22 and a two-hundred day moving average of $54.48. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.68 and a 12 month high of $57.96.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

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

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Several large investors have recently bought and sold shares of ACWX. JPMorgan Chase & Co. increased its stake in iShares MSCI ACWI ex U.S. ETF by 15.0% during the third quarter. JPMorgan Chase & Co. now owns 629,849 shares of the company’s stock valued at $36,040,000 after acquiring an additional 82,015 shares during the period. Sanctuary Advisors LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 50.2% during the third quarter. Sanctuary Advisors LLC now owns 63,881 shares of the company’s stock valued at $3,437,000 after purchasing an additional 21,361 shares during the period. Soltis Investment Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter valued at $314,000. TD Private Client Wealth LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter valued at $149,000. Finally, Coldstream Capital Management Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF in the third quarter worth $5,544,000.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.