iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Shares Shorted: Short Interest Up 615.8% in September

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

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

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

iShares MSCI World Small-Cap ETF Stock Down 0.3%

Shares of NASDAQ WSML traded down $0.12 on Thursday, hitting $34.32. The company had a trading volume of 6,812 shares, compared to its average volume of 50,876. iShares MSCI World Small-Cap ETF has a 12-month low of $28.94 and a 12-month high of $36.35. The business has a 50 day moving average of $35.14 and a two-hundred day moving average of $34.07. The firm has a market capitalization of $665.81 million, a P/E ratio of -6,352.03 and a beta of 0.81.

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.