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) was the recipient of a significant increase in short interest in the month of 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. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 27,869 shares, the short-interest ratio is presently 3.3 days.

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

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

iShares MSCI World Small-Cap ETF Price Performance

WSML opened at $34.32 on Friday. The business has a fifty day moving average price of $35.13 and a 200 day moving average price of $34.08. iShares MSCI World Small-Cap ETF has a 12 month low of $28.94 and a 12 month high of $36.35. The stock has a market capitalization of $665.81 million, a price-to-earnings ratio of -6,352.03 and a beta of 0.81.

iShares MSCI World Small-Cap ETF Company Profile

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.