SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Shares Shorted: Short Interest Down 39.4% in September

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,096 shares, a decline of 39.4% from the August 31st total of 3,461 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 10,129 shares, the short-interest ratio is currently 0.2 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Price Performance

NASDAQ NZAC traded down $0.13 during mid-day trading on Thursday, hitting $46.28. The stock had a trading volume of 17,762 shares, compared to its average volume of 9,138. The firm’s 50 day moving average is $46.66 and its 200 day moving average is $45.24. The stock has a market capitalization of $194.38 million, a price-to-earnings ratio of 23.74 and a beta of 0.95. SPDR MSCI ACWI Climate Paris Aligned ETF has a twelve month low of $39.32 and a twelve month high of $47.56.

Institutional Trading of SPDR MSCI ACWI Climate Paris Aligned ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% during the first quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock worth $7,726,000 after acquiring an additional 2,164 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock valued at $2,847,000 after purchasing an additional 9,772 shares during the last quarter. Larch Capital Partners LLC purchased a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter worth $1,007,000. MRA Advisory Group purchased a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 2nd quarter worth $180,000. Finally, Harbor Asset Planning Inc. lifted its position in SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% in the first quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock valued at $122,000 after buying an additional 2,811 shares during the last quarter.

About SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.