SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Stock Short Interest Jumps 99.5%

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 287,084 shares, an increase of 99.5% from the October 15th total of 143,912 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 381,678 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CWI. PNC Financial Services Group Inc. grew its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.6% in the first quarter. PNC Financial Services Group Inc. now owns 4,580,294 shares of the company’s stock valued at $167,593,000 after buying an additional 116,680 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in SPDR MSCI ACWI ex-US ETF during the 3rd quarter worth approximately $136,292,000. Avantax Planning Partners Inc. acquired a new position in SPDR MSCI ACWI ex-US ETF during the 3rd quarter worth approximately $87,934,000. HighTower Advisors LLC acquired a new position in SPDR MSCI ACWI ex-US ETF during the 3rd quarter worth approximately $75,421,000. Finally, Hengehold Capital Management LLC purchased a new position in SPDR MSCI ACWI ex-US ETF in the 3rd quarter worth approximately $49,120,000.

SPDR MSCI ACWI ex-US ETF Trading Down 0.3%

CWI traded down $0.11 during trading on Friday, hitting $39.29. 283,090 shares of the company’s stock were exchanged, compared to its average volume of 320,044. SPDR MSCI ACWI ex-US ETF has a 1 year low of $34.19 and a 1 year high of $41.97. The stock has a 50 day moving average price of $40.18 and a 200 day moving average price of $39.64. The firm has a market cap of $2.83 billion, a P/E ratio of 15.62 and a beta of 0.79.

About SPDR MSCI ACWI ex-US ETF

SPDR MSCI ACWI ex-US ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWI ex USA Index (the Index). The Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The Fund’s investment advisor is SSgA Funds Management, Inc.