SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Shares Shorted: Short Interest Down 39.4% in September

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 2,096 shares, a decrease of 39.4% from the August 31st total of 3,461 shares. Based on an average daily volume of 10,129 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

A number of institutional investors have recently bought and sold shares of the business. JNBA Financial Advisors acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF in the second quarter valued at approximately $33,000. PNC Financial Services Group Inc. raised its position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% in the first quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock worth $7,726,000 after acquiring an additional 2,164 shares during the period. Harbour Investments Inc. acquired a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter valued at about $117,000. Harbor Asset Planning Inc. increased its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% in the 1st quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock valued at $122,000 after purchasing 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 in the 2nd quarter worth about $180,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Down 0.3%

Shares of NASDAQ:NZAC traded down $0.13 on Thursday, hitting $46.28. 17,762 shares of the company were exchanged, compared to its average volume of 9,138. SPDR MSCI ACWI Climate Paris Aligned ETF has a 1-year low of $39.32 and a 1-year high of $47.56. The stock’s 50 day moving average price is $46.66 and its 200 day moving average price is $45.24. The firm has a market capitalization of $194.38 million, a P/E ratio of 23.74 and a beta of 0.95.

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.