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) was the recipient of 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 company are short sold. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 1.1 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Price Performance

NASDAQ NZAC traded down $0.07 on Thursday, hitting $36.06. The company had a trading volume of 1,232 shares, compared to its average volume of 10,292. The company has a market capitalization of $147.84 million, a PE ratio of 23.81 and a beta of 0.94. The company’s fifty day moving average price is $36.85 and its 200-day moving average price is $36.94. SPDR MSCI ACWI Climate Paris Aligned ETF has a 12-month low of $31.90 and a 12-month high of $38.09.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter worth about $409,000. Aptus Capital Advisors LLC acquired a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the third quarter worth approximately $37,000. Jones Financial Companies Lllp increased its position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 59.7% during the fourth quarter. Jones Financial Companies Lllp now owns 4,384 shares of the company’s stock worth $159,000 after purchasing an additional 1,639 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 5.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 165,373 shares of the company’s stock valued at $6,001,000 after purchasing an additional 8,054 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 34.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 43,527 shares of the company’s stock valued at $1,586,000 after purchasing an additional 11,251 shares during the last quarter.

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.