SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Short Interest Down 37.6% in January

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 5,878 shares, a drop of 37.6% from the January 15th total of 9,424 shares. Based on an average daily volume of 10,926 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 10,926 shares, the days-to-cover ratio is presently 0.5 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Price Performance

NZAC traded up $0.25 during trading hours on Friday, reaching $43.06. The company’s stock had a trading volume of 1,225 shares, compared to its average volume of 8,891. The stock has a market cap of $180.83 million, a PE ratio of 23.74 and a beta of 0.95. SPDR MSCI ACWI Climate Paris Aligned ETF has a fifty-two week low of $31.41 and a fifty-two week high of $43.92. The business’s 50-day moving average is $43.11 and its 200-day moving average is $42.32.

SPDR MSCI ACWI Climate Paris Aligned ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 2nd. Investors of record on Tuesday, November 25th were paid a dividend of $0.6493 per share. This represents a dividend yield of 309.0%. The ex-dividend date was Tuesday, November 25th.

Institutional Investors Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter worth $28,000. Harbour Investments Inc. purchased a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the fourth quarter valued at about $117,000. Osaic Holdings Inc. boosted its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 20.9% during the second quarter. Osaic Holdings Inc. now owns 3,315 shares of the company’s stock worth $131,000 after buying an additional 572 shares during the period. Cary Street Partners Financial LLC purchased a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 3rd quarter valued at approximately $201,000. Finally, Jane Street Group LLC acquired a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 2nd quarter worth approximately $274,000.

About SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.