iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Down 93.3% in August

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 467,519 shares, a drop of 93.3% from the August 15th total of 6,932,899 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 1,884,012 shares, the short-interest ratio is currently 0.2 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of ACWX. Bank of America Corp DE raised its holdings in iShares MSCI ACWI ex U.S. ETF by 5.3% during the 3rd quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after buying an additional 284,654 shares during the period. Ferguson Wellman Capital Management Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF during the first quarter worth $376,668,000. Morgan Stanley increased its position in iShares MSCI ACWI ex U.S. ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 5,336,686 shares of the company’s stock valued at $358,252,000 after acquiring an additional 34,953 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI ACWI ex U.S. ETF by 12,239.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,897,126 shares of the company’s stock valued at $194,484,000 after acquiring an additional 2,873,647 shares during the last quarter. Finally, Jane Street Group LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 2,864.9% during the fourth quarter. Jane Street Group LLC now owns 2,400,049 shares of the company’s stock valued at $161,115,000 after acquiring an additional 2,319,101 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Down 1.2%

NASDAQ ACWX traded down $0.97 during trading hours on Thursday, hitting $76.63. 1,230,526 shares of the company were exchanged, compared to its average volume of 2,395,943. The stock has a 50-day moving average price of $76.35 and a 200 day moving average price of $74.25. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $63.87 and a 52 week high of $78.78. The stock has a market cap of $11.71 billion, a PE ratio of 16.03 and a beta of 0.77.

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.