SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sees Significant Growth in Short Interest

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 421,698 shares, an increase of 74.1% from the June 15th total of 242,159 shares. Based on an average daily trading volume, of 265,257 shares, the short-interest ratio is presently 1.6 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On SPDR MSCI ACWI ex-US ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in CWI. HighTower Advisors LLC lifted its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.0% in the fourth quarter. HighTower Advisors LLC now owns 1,755,275 shares of the company’s stock worth $63,049,000 after buying an additional 34,244 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in SPDR MSCI ACWI ex-US ETF by 10.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,463,614 shares of the company’s stock valued at $160,333,000 after buying an additional 424,490 shares during the last quarter. Mach 1 Financial Group LLC acquired a new position in SPDR MSCI ACWI ex-US ETF in the 4th quarter valued at $8,675,000. Chesley Taft & Associates LLC raised its holdings in SPDR MSCI ACWI ex-US ETF by 84.6% in the 4th quarter. Chesley Taft & Associates LLC now owns 64,041 shares of the company’s stock worth $2,300,000 after acquiring an additional 29,347 shares during the period. Finally, Rare Wolf Capital LLC bought a new position in SPDR MSCI ACWI ex-US ETF in the 4th quarter worth $765,000.

SPDR MSCI ACWI ex-US ETF Price Performance

Shares of NYSEARCA:CWI opened at $39.90 on Friday. The stock has a market capitalization of $2.74 billion, a P/E ratio of 16.06 and a beta of 0.76. The business has a 50-day moving average of $40.28 and a two-hundred day moving average of $38.74. SPDR MSCI ACWI ex-US ETF has a fifty-two week low of $31.97 and a fifty-two week high of $41.41.

SPDR MSCI ACWI ex-US ETF Company Profile

SPDR MSCI ACWI ex-US ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWI ex USA Index (the Index). The Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The Fund’s investment advisor is SSgA Funds Management, Inc