Short Interest in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Declines By 40.3%

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the target of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 7,400 shares, a decline of 40.3% from the January 15th total of 12,400 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is currently 0.4 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Trading Up 0.4 %

NZAC stock traded up $0.17 on Thursday, hitting $37.59. The company’s stock had a trading volume of 1,635 shares, compared to its average volume of 8,612. The firm has a 50 day moving average of $37.00 and a two-hundred day moving average of $36.68. SPDR MSCI ACWI Climate Paris Aligned ETF has a 1 year low of $31.90 and a 1 year high of $38.09. The stock has a market cap of $154.10 million, a price-to-earnings ratio of 24.77 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of NZAC. Jane Street Group LLC acquired a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter worth approximately $409,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter worth about $45,000. Aptus Capital Advisors LLC acquired a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF in the 3rd quarter valued at about $37,000. International Assets Investment Management LLC increased its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 729,592.9% during the 3rd quarter. International Assets Investment Management LLC now owns 3,181,461 shares of the company’s stock valued at $118,637,000 after acquiring an additional 3,181,025 shares in the last quarter. Finally, CWC Advisors LLC. acquired a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the third quarter worth about $387,000.

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.