Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Declines By 16.6%

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 7,490,000 shares, a decline of 16.6% from the January 15th total of 8,980,000 shares. Based on an average trading volume of 2,881,900 shares, the short-interest ratio is currently 2.6 days.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI opened at $123.62 on Friday. iShares MSCI ACWI ETF has a 52-week low of $104.29 and a 52-week high of $124.02. The firm has a market capitalization of $19.98 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The stock has a 50 day moving average price of $120.15 and a 200 day moving average price of $118.47.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares MSCI ACWI ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Synergy Investment Management LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $35,000. Pacifica Partners Inc. purchased a new position in iShares MSCI ACWI ETF during the fourth quarter valued at approximately $40,000. Centerpoint Advisors LLC bought a new position in iShares MSCI ACWI ETF in the fourth quarter worth approximately $54,000. Rialto Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter worth $59,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in iShares MSCI ACWI ETF during the 3rd quarter valued at $67,000. 61.52% of the stock is currently owned by institutional investors.

About iShares MSCI ACWI ETF

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.