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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 409,206 shares, a growth of 67.4% from the April 30th total of 244,407 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 1,579,342 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI ACWI ex U.S. ETF Trading Down 1.1%

Shares of ACWX opened at $76.73 on Thursday. The firm has a market cap of $11.60 billion, a PE ratio of 16.03 and a beta of 0.77. The company’s 50 day simple moving average is $73.04 and its 200-day simple moving average is $70.56. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $58.47 and a 12-month high of $77.58.

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

A number of hedge funds have recently modified their holdings of ACWX. Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth approximately $376,668,000. Northwestern Mutual Wealth Management Co. grew its position in shares of 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 worth $194,484,000 after acquiring an additional 2,873,647 shares during the last quarter. Jane Street Group LLC grew its position in shares of 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 worth $161,115,000 after acquiring an additional 2,319,101 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 10,101.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,294,483 shares of the company’s stock worth $86,899,000 after acquiring an additional 1,281,794 shares during the last quarter. Finally, Koss Olinger Consulting LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth approximately $81,777,000.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.