iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Short Interest Up 47.4% in April

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,990,000 shares, a growth of 47.4% from the March 31st total of 1,350,000 shares. Based on an average daily volume of 1,216,700 shares, the short-interest ratio is presently 1.6 days.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX stock opened at $52.53 on Friday. iShares MSCI ACWI ex U.S. ETF has a one year low of $44.89 and a one year high of $53.74. The company’s 50-day simple moving average is $52.50 and its 200-day simple moving average is $50.27. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 13.49 and a beta of 0.82.

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

Large investors have recently modified their holdings of the stock. Baystate Wealth Management LLC lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 15.3% during the fourth quarter. Baystate Wealth Management LLC now owns 62,344 shares of the company’s stock worth $3,182,000 after purchasing an additional 8,294 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 3.4% during the fourth quarter. New York State Common Retirement Fund now owns 1,591,823 shares of the company’s stock worth $81,247,000 after purchasing an additional 51,733 shares during the last quarter. First Hawaiian Bank lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 1.4% in the fourth quarter. First Hawaiian Bank now owns 66,160 shares of the company’s stock worth $3,377,000 after acquiring an additional 900 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 84.0% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 64,170 shares of the company’s stock worth $3,275,000 after acquiring an additional 29,291 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 13.2% in the third quarter. US Bancorp DE now owns 717,454 shares of the company’s stock worth $33,728,000 after acquiring an additional 83,832 shares during the last quarter.

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.