iShares MSCI ACWI ETF (NASDAQ:ACWI) Sees Significant Drop in Short Interest

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 5,468,713 shares, a decrease of 42.7% from the June 30th total of 9,536,044 shares. Based on an average trading volume of 3,069,278 shares, the short-interest ratio is presently 1.8 days. Approximately 2.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Godfrey Financial Associates Inc. bought a new stake in iShares MSCI ACWI ETF during the fourth quarter worth about $27,000. Triumph Capital Management purchased a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $27,000. Smith & Howard Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $31,000. Root Financial Partners LLC increased its position in iShares MSCI ACWI ETF by 7,100.0% during the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Finally, Advisortrust Partners LLC purchased a new position in iShares MSCI ACWI ETF during the first quarter valued at $32,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI traded up $0.01 on Friday, reaching $155.67. The stock had a trading volume of 934,070 shares, compared to its average volume of 4,510,031. iShares MSCI ACWI ETF has a 12-month low of $127.77 and a 12-month high of $160.03. The firm has a market capitalization of $32.35 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The company has a 50-day simple moving average of $156.23 and a 200-day simple moving average of $149.62.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

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.