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

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

SPDR MSCI ACWI ex-US ETF Stock Down 1.0%

Shares of NYSEARCA:CWI opened at $39.90 on Friday. The business has a 50 day moving average price of $40.28 and a 200 day moving average price of $38.74. SPDR MSCI ACWI ex-US ETF has a twelve month low of $31.97 and a twelve month high of $41.41. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 16.06 and a beta of 0.76.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of SPDR MSCI ACWI ex-US ETF by 151.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,236,220 shares of the company’s stock valued at $44,405,000 after acquiring an additional 744,900 shares during the period. Captrust Financial Advisors raised its stake in SPDR MSCI ACWI ex-US ETF by 293.2% during the 4th quarter. Captrust Financial Advisors now owns 626,658 shares of the company’s stock valued at $22,510,000 after purchasing an additional 467,304 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings 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 purchasing an additional 424,490 shares during the period. Merit Financial Group LLC boosted its holdings in SPDR MSCI ACWI ex-US ETF by 14.0% in the 4th quarter. Merit Financial Group LLC now owns 3,186,018 shares of the company’s stock valued at $114,442,000 after purchasing an additional 390,436 shares during the period. Finally, Bank of America Corp DE grew its position in SPDR MSCI ACWI ex-US ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 8,197,847 shares of the company’s stock worth $286,269,000 after purchasing an additional 342,683 shares during the last quarter.

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