iShares MSCI ACWI ETF (ACWI) Sees Significant Growth in Short Interest

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iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 4,304,519 shares, an increase of 124.9% from the September 14th total of 1,913,890 shares. Based on an average daily trading volume, of 1,969,740 shares, the days-to-cover ratio is presently 2.2 days.

Hedge funds have recently added to or reduced their stakes in the stock. Investec Asset Management LTD acquired a new stake in iShares MSCI ACWI ETF during the second quarter worth about $34,475,000. Harwood Advisory Group LLC acquired a new stake in iShares MSCI ACWI ETF during the second quarter worth about $214,000. Brand Asset Management Group Inc. acquired a new stake in iShares MSCI ACWI ETF during the second quarter worth about $524,000. Morgan Stanley grew its position in iShares MSCI ACWI ETF by 26.3% during the second quarter. Morgan Stanley now owns 3,543,643 shares of the company’s stock worth $252,024,000 after buying an additional 738,436 shares in the last quarter. Finally, Barings LLC grew its position in iShares MSCI ACWI ETF by 54.9% during the second quarter. Barings LLC now owns 197,577 shares of the company’s stock worth $14,040,000 after buying an additional 69,990 shares in the last quarter.

ACWI stock opened at $70.23 on Friday. iShares MSCI ACWI ETF has a twelve month low of $68.52 and a twelve month high of $77.54.

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