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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 6,932,899 shares, an increase of 1,433.3% from the July 30th total of 452,166 shares. Approximately 4.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,959,599 shares, the short-interest ratio is currently 3.5 days.

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

Several large investors have recently made changes to their positions in ACWX. Brighton Jones LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $250,000. AQR Capital Management LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 8.2% during the first quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock valued at $1,099,000 after buying an additional 1,498 shares during the period. Goldman Sachs Group Inc. raised its position in iShares MSCI ACWI ex U.S. ETF by 1.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock valued at $67,790,000 after buying an additional 23,283 shares during the period. Qube Research & Technologies Ltd purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth about $1,467,000. Finally, Ieq Capital LLC lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 41.6% in the second quarter. Ieq Capital LLC now owns 61,462 shares of the company’s stock worth $3,746,000 after purchasing an additional 18,045 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

NASDAQ:ACWX opened at $77.90 on Thursday. The business has a fifty day moving average of $75.94 and a 200-day moving average of $73.90. The stock has a market cap of $11.90 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $61.88 and a 1 year high of $78.43.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.8524 dividend. The ex-dividend date was Monday, June 15th.

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.