Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Rises By 6.0%

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 10,920,000 shares, an increase of 6.0% from the September 15th total of 10,300,000 shares. Based on an average daily volume of 2,544,700 shares, the short-interest ratio is presently 4.3 days.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Continuum Advisory LLC acquired a new position in shares of iShares MSCI ACWI ETF during the second quarter worth $28,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter valued at about $39,000. Quent Capital LLC increased its stake in shares of iShares MSCI ACWI ETF by 2,148.4% in the first quarter. Quent Capital LLC now owns 697 shares of the company’s stock valued at $77,000 after buying an additional 666 shares during the period. IAG Wealth Partners LLC bought a new position in shares of iShares MSCI ACWI ETF during the second quarter worth about $88,000. Finally, Lynx Investment Advisory acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter worth approximately $98,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $119.52 on Wednesday. The business has a 50 day moving average of $116.29 and a 200-day moving average of $112.86. The company has a market capitalization of $19.39 billion, a P/E ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $120.93.

iShares MSCI ACWI ETF Company Profile

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.