iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Large Decrease in Short Interest

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 586,300 shares, a drop of 53.8% from the September 30th total of 1,270,000 shares. Based on an average trading volume of 778,900 shares, the days-to-cover ratio is presently 0.8 days.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX stock opened at $55.18 on Monday. The firm has a market cap of $4.64 billion, a P/E ratio of 14.05 and a beta of 0.82. The firm’s 50 day moving average price is $55.78 and its 200-day moving average price is $54.27. iShares MSCI ACWI ex U.S. ETF has a one year low of $44.89 and a one year high of $57.96.

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

Hedge funds have recently made changes to their positions in the business. Financial Advocates Investment Management lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 106.0% during the 3rd quarter. Financial Advocates Investment Management now owns 24,200 shares of the company’s stock worth $1,385,000 after buying an additional 12,450 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its stake in shares of iShares MSCI ACWI ex U.S. ETF by 70.4% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 16,720 shares of the company’s stock valued at $957,000 after acquiring an additional 6,906 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares MSCI ACWI ex U.S. ETF by 4.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 106,445 shares of the company’s stock valued at $6,091,000 after acquiring an additional 4,559 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 6.0% in the third quarter. Arkadios Wealth Advisors now owns 46,359 shares of the company’s stock valued at $2,653,000 after purchasing an additional 2,620 shares during the period. Finally, Country Club Bank grew its stake in iShares MSCI ACWI ex U.S. ETF by 17.3% during the 3rd quarter. Country Club Bank now owns 19,133 shares of the company’s stock worth $1,101,000 after purchasing an additional 2,825 shares in the last quarter.

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.