SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Stock Short Interest Declines 69.0%

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 143,912 shares, a drop of 69.0% from the September 30th total of 464,867 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 350,312 shares, the short-interest ratio is presently 0.4 days.

SPDR MSCI ACWI ex-US ETF Trading Up 0.8%

Shares of CWI opened at $39.67 on Wednesday. SPDR MSCI ACWI ex-US ETF has a 12 month low of $34.19 and a 12 month high of $41.97. The firm’s 50 day moving average is $40.70 and its 200-day moving average is $39.51. The stock has a market capitalization of $2.84 billion, a PE ratio of 16.06 and a beta of 0.77.

Hedge Funds Weigh In On SPDR MSCI ACWI ex-US ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its position in shares of SPDR MSCI ACWI ex-US ETF by 2.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,580,294 shares of the company’s stock valued at $167,593,000 after acquiring an additional 116,680 shares during the period. Avantax Planning Partners Inc. raised its stake in SPDR MSCI ACWI ex-US ETF by 1.6% in the first quarter. Avantax Planning Partners Inc. now owns 2,300,372 shares of the company’s stock valued at $84,171,000 after purchasing an additional 35,798 shares in the last quarter. Hengehold Capital Management LLC acquired a new position in SPDR MSCI ACWI ex-US ETF in the third quarter valued at about $49,120,000. Lodestar Private Asset Management LLC raised its stake in SPDR MSCI ACWI ex-US ETF by 2.8% in the first quarter. Lodestar Private Asset Management LLC now owns 856,984 shares of the company’s stock valued at $31,357,000 after purchasing an additional 22,990 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in SPDR MSCI ACWI ex-US ETF during the third quarter worth about $34,094,000.

About SPDR MSCI ACWI ex-US ETF

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