Short Interest in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Drops By 38.3%

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 252,414 shares, a decrease of 38.3% from the May 14th total of 409,206 shares. Based on an average daily volume of 1,791,457 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

iShares MSCI ACWI ex U.S. ETF Stock Performance

NASDAQ:ACWX opened at $76.79 on Tuesday. iShares MSCI ACWI ex U.S. ETF has a one year low of $58.47 and a one year high of $77.58. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. The firm’s fifty day moving average is $74.26 and its two-hundred day moving average is $71.13.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be issued a $0.8524 dividend. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

Several hedge funds have recently added to or reduced their stakes in the business. Rathbones Group PLC boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 1.0% in the first quarter. Rathbones Group PLC now owns 73,014 shares of the company’s stock valued at $4,999,000 after purchasing an additional 710 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 8.5% during the 1st quarter. Parallel Advisors LLC now owns 15,100 shares of the company’s stock worth $1,034,000 after acquiring an additional 1,184 shares in the last quarter. Keel Point LLC boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 116.4% during the 1st quarter. Keel Point LLC now owns 31,786 shares of the company’s stock worth $2,176,000 after acquiring an additional 17,097 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 18.1% during the 1st quarter. Cozad Asset Management Inc. now owns 3,591 shares of the company’s stock worth $246,000 after acquiring an additional 551 shares in the last quarter. Finally, Lavelle Capital LP purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter worth about $735,000.

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.