iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Short Interest Update

iShares MSCI World Small-Cap ETF (NASDAQ:WSML) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 92,231 shares, an increase of 615.8% from the August 31st total of 12,885 shares. Based on an average daily trading volume, of 27,869 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.5% of the shares of the stock are sold short.

iShares MSCI World Small-Cap ETF Trading Up 0.6%

Shares of NASDAQ:WSML traded up $0.20 during midday trading on Friday, hitting $34.52. 598 shares of the stock were exchanged, compared to its average volume of 50,603. iShares MSCI World Small-Cap ETF has a twelve month low of $28.94 and a twelve month high of $36.35. The company has a 50 day moving average price of $35.14 and a 200-day moving average price of $34.09. The stock has a market cap of $669.61 million, a P/E ratio of -6,388.30 and a beta of 0.81.

Hedge Funds Weigh In On iShares MSCI World Small-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WSML. State Street Corp acquired a new stake in shares of iShares MSCI World Small-Cap ETF in the second quarter valued at approximately $222,000. Envestnet Asset Management Inc. acquired a new position in shares of iShares MSCI World Small-Cap ETF during the 2nd quarter worth approximately $371,000. Finally, Capital Analysts LLC lifted its stake in iShares MSCI World Small-Cap ETF by 5.7% in the 2nd quarter. Capital Analysts LLC now owns 78,061 shares of the company’s stock valued at $2,753,000 after buying an additional 4,214 shares in the last quarter.

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.