SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Shares Shorted: Short Interest Down 68.3% in October

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 676 shares, a decrease of 68.3% from the October 15th total of 2,132 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,446 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

Several hedge funds have recently bought and sold shares of NZAC. JNBA Financial Advisors acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter worth $33,000. MRA Advisory Group purchased a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter valued at $180,000. Fingerlakes Wealth Management Inc. lifted its position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 2.0% in the third quarter. Fingerlakes Wealth Management Inc. now owns 12,021 shares of the company’s stock valued at $558,000 after acquiring an additional 237 shares in the last quarter. Invera Wealth Advisors LLC boosted its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 6.2% during the third quarter. Invera Wealth Advisors LLC now owns 18,585 shares of the company’s stock valued at $863,000 after acquiring an additional 1,087 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% during the second quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock valued at $2,847,000 after acquiring an additional 9,772 shares during the last quarter.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Down 0.5%

Shares of NZAC traded down $0.23 during mid-day trading on Friday, reaching $45.56. 1,507 shares of the company’s stock were exchanged, compared to its average volume of 8,836. SPDR MSCI ACWI Climate Paris Aligned ETF has a 52-week low of $39.32 and a 52-week high of $47.56. The company has a market cap of $191.35 million, a price-to-earnings ratio of 21.80 and a beta of 0.96. The company has a 50-day simple moving average of $46.38 and a two-hundred day simple moving average of $45.02.

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. NZAC was launched on Nov 25, 2014 and is managed by State Street.