iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Update

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,110,000 shares, a drop of 60.9% from the March 31st total of 2,840,000 shares. Based on an average trading volume of 1,683,500 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.1% of the company’s shares are short sold.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Mutual Advisors LLC bought a new position in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth $212,000. Hapanowicz & Associates Financial Services Inc increased its stake in iShares MSCI ACWI ex U.S. ETF by 3.4% in the 1st quarter. Hapanowicz & Associates Financial Services Inc now owns 71,727 shares of the company’s stock valued at $3,977,000 after buying an additional 2,342 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 1st quarter valued at $66,000. TPG Advisors LLC bought a new position in iShares MSCI ACWI ex U.S. ETF during the first quarter worth about $366,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at approximately $1,898,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX stock opened at $56.84 on Tuesday. iShares MSCI ACWI ex U.S. ETF has a 52-week low of $48.99 and a 52-week high of $57.96. The stock has a market cap of $5.91 billion, a PE ratio of 15.32 and a beta of 0.82. The firm’s 50 day moving average price is $55.19 and its two-hundred day moving average price is $54.47.

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.