SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Stock Short Interest Report for September

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 12,630 shares, an increase of 502.6% from the September 15th total of 2,096 shares. Based on an average trading volume of 10,003 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the stock are short sold.

SPDR MSCI ACWI Climate Paris Aligned ETF Price Performance

NZAC stock traded up $0.30 during midday trading on Friday, reaching $46.90. 4,314 shares of the stock were exchanged, compared to its average volume of 8,980. SPDR MSCI ACWI Climate Paris Aligned ETF has a 52 week low of $39.32 and a 52 week high of $47.56. The company has a fifty day moving average price of $46.88 and a 200 day moving average price of $45.48. The stock has a market capitalization of $196.96 million, a PE ratio of 23.74 and a beta of 0.95.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Larch Capital Partners LLC bought a new stake in SPDR MSCI ACWI Climate Paris Aligned ETF during the 4th quarter worth approximately $1,007,000. Envestnet Asset Management Inc. raised its stake in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% during the second quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock valued at $2,847,000 after acquiring an additional 9,772 shares during the last quarter. MRA Advisory Group acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the second quarter worth $180,000. Harbor Asset Planning Inc. lifted its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 1,456.5% during the first quarter. Harbor Asset Planning Inc. now owns 3,004 shares of the company’s stock worth $122,000 after purchasing an additional 2,811 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake 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 purchasing an additional 2,164 shares during the last quarter.

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. NZAC was launched on Nov 25, 2014 and is managed by State Street.