SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Short Interest Update

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,859 shares, a decrease of 62.4% from the April 15th total of 26,188 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 7,536 shares, the short-interest ratio is presently 1.3 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Up 0.5%

SPDR MSCI ACWI Climate Paris Aligned ETF stock traded up $0.24 during mid-day trading on Thursday, hitting $46.09. The company’s stock had a trading volume of 2,115 shares, compared to its average volume of 12,474. The firm has a market capitalization of $193.58 million, a PE ratio of 23.74 and a beta of 0.95. SPDR MSCI ACWI Climate Paris Aligned ETF has a 1 year low of $37.31 and a 1 year high of $46.09. The stock’s fifty day moving average is $42.78 and its two-hundred day moving average is $42.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NZAC. Royal Bank of Canada grew its position in SPDR MSCI ACWI Climate Paris Aligned ETF by 3.9% in the first quarter. Royal Bank of Canada now owns 18,745 shares of the company’s stock worth $663,000 after acquiring an additional 710 shares during the period. Jones Financial Companies Lllp lifted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 201.4% during the first quarter. Jones Financial Companies Lllp now owns 13,212 shares of the company’s stock worth $467,000 after purchasing an additional 8,828 shares in the last quarter. Raymond James Financial Inc. lifted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 1.4% during the second quarter. Raymond James Financial Inc. now owns 29,997 shares of the company’s stock worth $1,185,000 after purchasing an additional 422 shares in the last quarter. Jane Street Group LLC acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the second quarter worth $274,000. Finally, Bank of America Corp DE lifted its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 1.0% during the second quarter. Bank of America Corp DE now owns 57,449 shares of the company’s stock worth $2,269,000 after purchasing an additional 568 shares in the last quarter.

About SPDR MSCI ACWI Climate Paris Aligned ETF

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.