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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 826,200 shares, a growth of 48.9% from the January 15th total of 554,900 shares. Based on an average daily volume of 1,356,100 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2 %

NASDAQ:ACWX opened at $55.91 on Friday. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $49.84 and a 1-year high of $57.96. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The stock has a fifty day simple moving average of $53.40 and a 200 day simple moving average of $54.37.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.7673 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

Several hedge funds have recently bought and sold shares of ACWX. ORG Partners LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth about $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth about $30,000. Assetmark Inc. purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth about $39,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth about $51,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth about $66,000.

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.