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 large growth in short interest in September. As of September 30th, there was short interest totaling 464,867 shares, a growth of 253.1% from the September 15th total of 131,658 shares. Based on an average daily trading volume, of 429,975 shares, the short-interest ratio is currently 1.1 days. Currently, 0.7% of the shares of the stock are short sold.

SPDR MSCI ACWI ex-US ETF Stock Down 0.1%

NYSEARCA CWI traded down $0.06 during trading hours on Tuesday, hitting $40.04. 73,573 shares of the company were exchanged, compared to its average volume of 292,949. The stock has a market cap of $2.87 billion, a PE ratio of 16.06 and a beta of 0.77. The stock has a 50-day moving average price of $41.08 and a 200 day moving average price of $40.09. SPDR MSCI ACWI ex-US ETF has a 52 week low of $34.19 and a 52 week high of $41.97.

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

Several hedge funds and other institutional investors have recently made changes to their positions in CWI. Montecito Bank & Trust bought a new position in shares of SPDR MSCI ACWI ex-US ETF during the third quarter valued at approximately $5,281,000. Iowa State Bank purchased a new stake in shares of SPDR MSCI ACWI ex-US ETF in the third quarter worth approximately $692,000. Private Advisor Group LLC lifted its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.5% during the 1st quarter. Private Advisor Group LLC now owns 596,375 shares of the company’s stock worth $21,821,000 after acquiring an additional 14,360 shares during the last quarter. Portus Wealth Advisors LLC lifted its stake in shares of SPDR MSCI ACWI ex-US ETF by 16.7% during the 1st quarter. Portus Wealth Advisors LLC now owns 279,845 shares of the company’s stock worth $10,240,000 after acquiring an additional 40,105 shares during the last quarter. Finally, Rare Wolf Capital LLC bought a new stake in shares of SPDR MSCI ACWI ex-US ETF during the 4th quarter worth approximately $765,000.

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