iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Down 23.6% in December

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 2,070,000 shares, a decrease of 23.6% from the November 30th total of 2,710,000 shares. Based on an average daily volume of 1,141,200 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

A number of institutional investors have recently modified their holdings of ACWX. SG Americas Securities LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $25,005,000. Bank of Montreal Can increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 3,202.2% during the second quarter. Bank of Montreal Can now owns 435,694 shares of the company’s stock valued at $23,227,000 after acquiring an additional 422,500 shares in the last quarter. Cadence Bank bought a new position in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at approximately $22,809,000. Winthrop Advisory Group LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 4,254.4% in the 3rd quarter. Winthrop Advisory Group LLC now owns 348,785 shares of the company’s stock valued at $19,957,000 after acquiring an additional 340,775 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at $18,892,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

ACWX stock opened at $52.59 on Friday. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The business’s 50 day moving average price is $54.22 and its two-hundred day moving average price is $54.46. 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.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.7673 dividend. The ex-dividend date was Tuesday, December 17th.

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.