iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Sees Significant Decrease in Short Interest

iShares MSCI World Small-Cap ETF (NASDAQ:WSML) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 18,778 shares, a drop of 44.3% from the May 31st total of 33,717 shares. Based on an average daily trading volume, of 6,850 shares, the days-to-cover ratio is currently 2.7 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WSML. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares MSCI World Small-Cap ETF during the third quarter valued at $26,000. National Bank of Canada FI purchased a new stake in shares of iShares MSCI World Small-Cap ETF during the third quarter worth about $51,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares MSCI World Small-Cap ETF in the second quarter valued at approximately $162,000. Jane Street Group LLC raised its position in shares of iShares MSCI World Small-Cap ETF by 157.7% in the fourth quarter. Jane Street Group LLC now owns 23,238 shares of the company’s stock valued at $707,000 after buying an additional 14,220 shares during the last quarter. Finally, State Street Corp purchased a new position in shares of iShares MSCI World Small-Cap ETF during the fourth quarter valued at approximately $1,022,000.

iShares MSCI World Small-Cap ETF Trading Down 0.3%

Shares of NASDAQ:WSML traded down $0.10 during midday trading on Wednesday, hitting $35.16. 2,863 shares of the stock were exchanged, compared to its average volume of 67,832. iShares MSCI World Small-Cap ETF has a twelve month low of $27.83 and a twelve month high of $35.39. The company has a 50 day moving average price of $34.30 and a 200-day moving average price of $32.82. The stock has a market cap of $668.04 million, a P/E ratio of -6,507.50 and a beta of 0.80.

iShares MSCI World Small-Cap ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2901 per share. The ex-dividend date was Monday, June 15th. iShares MSCI World Small-Cap ETF’s payout ratio is presently -17,952.99%.

About iShares MSCI World Small-Cap ETF

The iShares MSCI World Small-Cap ETF seeks to track the performance of small capitalization companies across developed markets globally by replicating the MSCI World Small Cap Index.