Short Interest in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Declines By 51.7%

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,461 shares, a drop of 51.7% from the August 15th total of 7,163 shares. Based on an average daily volume of 5,751 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of SPDR MSCI ACWI Climate Paris Aligned ETF

A number of institutional investors have recently modified their holdings of the company. JNBA Financial Advisors bought a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter worth $33,000. PNC Financial Services Group Inc. boosted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock valued at $7,726,000 after acquiring an additional 2,164 shares during the last quarter. Harbour Investments Inc. bought a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at $117,000. Harbor Asset Planning Inc. grew its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% during the 1st quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock worth $122,000 after acquiring an additional 2,811 shares in the last quarter. Finally, MRA Advisory Group acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the 2nd quarter worth $180,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Down 0.5%

Shares of NASDAQ:NZAC traded down $0.23 during trading on Tuesday, reaching $46.09. The stock had a trading volume of 988 shares, compared to its average volume of 9,021. The business has a fifty day moving average price of $46.44 and a 200-day moving average price of $44.90. The stock has a market cap of $193.60 million, a P/E ratio of 23.74 and a beta of 0.95. SPDR MSCI ACWI Climate Paris Aligned ETF has a fifty-two week low of $39.32 and a fifty-two week high of $47.56.

SPDR MSCI ACWI Climate Paris Aligned ETF Company Profile

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.