iShares MSCI ACWI ex US ETF (NASDAQ:ACWX) sees sharp rise in short-term interest

iShares MSCI ACWI ex US ETF (NASDAQ:ACWX – Get a rating) was the target of a significant increase in short interest during the month of August. As of August 31, there was short interest totaling 3,890,000 shares, an increase of 98.5% from the total of 1,960,000 shares as of August 15. Based on an average daily trading volume of 2,609,000 shares, the day-to-cover ratio is currently 1.5 days.

Institutional Trading of iShares MSCI ACWI ex US ETF

Hedge funds have recently changed their holdings in the company. HM Payson & Co. increased its position in iShares MSCI ACWI ex US ETF shares by 147.8% during the first quarter. HM Payson & Co. now owns 503 shares of the company valued at $26,000 after buying 300 more shares in the last quarter. Cullen Frost Bankers Inc. bought a new stock position in iShares MSCI ACWI ex US ETF in Q2, valued at around $29,000. MUFG Americas Holdings Corp bought a new stock position in iShares MSCI ACWI ex US ETF in Q1 worth around $51,000. Goodwin Investment Advisory increased its position in iShares MSCI ACWI ex US ETF shares by 45.2% in the second quarter. Goodwin Investment Advisory now owns 1,095 shares of the company valued at $49,000 after buying 341 additional shares in the last quarter. Finally, Trustcore Financial Services LLC increased its position in shares of the ETF iShares MSCI ACWI ex US by 88.9% in the 1st quarter. Trustcore Financial Services LLC now owns 1,137 shares of the company valued at $59,000 after purchasing an additional 535 shares in the last quarter.

iShares MSCI ACWI ex US ETF Price Performance

ACWX stock opened at $43.89 on Thursday. The company has a 50-day simple moving average of $45.19 and a two-hundred-day simple moving average of $47.51. iShares MSCI ACWI ex US ETF has a 1-year low of $42.76 and a 1-year high of $58.08.

Further reading

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