iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Up 67.4% in May

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a significant growth in short interest in 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. Based on an average daily volume of 1,579,342 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 5.3% during the 3rd quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after purchasing an additional 284,654 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at about $376,668,000. Morgan Stanley raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 0.7% in the fourth quarter. Morgan Stanley now owns 5,336,686 shares of the company’s stock valued at $358,252,000 after purchasing an additional 34,953 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 12,239.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,897,126 shares of the company’s stock worth $194,484,000 after buying an additional 2,873,647 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.9% during the 4th quarter. UBS Group AG now owns 2,761,518 shares of the company’s stock worth $185,381,000 after buying an additional 79,121 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2%

NASDAQ:ACWX opened at $76.90 on Friday. The stock’s 50 day moving average price is $73.23 and its two-hundred day moving average price is $70.63. The firm has a market capitalization of $11.63 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $58.47 and a 12-month high of $77.58.

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.