Short Interest in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Rises By 41.3%

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 1,950,000 shares, a growth of 41.3% from the May 15th total of 1,380,000 shares. Based on an average daily trading volume, of 1,093,800 shares, the short-interest ratio is presently 1.8 days.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.6 %

iShares MSCI ACWI ex U.S. ETF stock opened at $52.73 on Friday. The firm has a market cap of $4.58 billion, a P/E ratio of 14.05 and a beta of 0.82. The business has a fifty day moving average of $53.42 and a two-hundred day moving average of $51.93. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $44.89 and a twelve month high of $55.21.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, June 11th will be given a dividend of $0.7839 per share. The ex-dividend date is Tuesday, June 11th.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at about $50,000. Principal Securities Inc. acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at approximately $56,000. Lowe Wealth Advisors LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 84.7% in the first quarter. Lowe Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $87,000 after purchasing an additional 751 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 47.6% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,747 shares of the company’s stock worth $93,000 after purchasing an additional 563 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter valued at $138,000.

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.