iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Up 236.9% in November

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 2,710,000 shares, a growth of 236.9% from the November 15th total of 804,300 shares. Based on an average daily volume of 932,700 shares, the short-interest ratio is currently 2.9 days.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX stock opened at $54.67 on Friday. The company has a market capitalization of $4.59 billion, a P/E ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $48.68 and a fifty-two week high of $57.96. The stock has a 50 day moving average price of $55.01 and a two-hundred day moving average price of $54.57.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Innealta Capital LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth $30,000. National Bank of Canada FI increased its holdings in iShares MSCI ACWI ex U.S. ETF by 1,622.0% during the 2nd quarter. National Bank of Canada FI now owns 861 shares of the company’s stock valued at $46,000 after purchasing an additional 811 shares during the period. Triad Wealth Partners LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 2nd quarter valued at about $53,000. Reston Wealth Management LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter worth approximately $69,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter worth approximately $80,000.

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.