iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Stock Short Interest Climbs 615.8%

iShares MSCI World Small-Cap ETF (NASDAQ:WSML) saw a large 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 shares are short sold. Based on an average daily volume of 27,869 shares, the days-to-cover ratio is presently 3.3 days.

iShares MSCI World Small-Cap ETF Stock Down 0.3%

Shares of NASDAQ WSML traded down $0.12 during midday trading on Thursday, hitting $34.32. The stock had a trading volume of 6,812 shares, compared to its average volume of 50,876. iShares MSCI World Small-Cap ETF has a 1-year low of $28.94 and a 1-year high of $36.35. The company has a market capitalization of $665.81 million, a price-to-earnings ratio of -6,352.03 and a beta of 0.81. The company has a fifty day moving average price of $35.14 and a 200 day moving average price of $34.07.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of WSML. Envestnet Asset Management Inc. acquired a new stake in shares of iShares MSCI World Small-Cap ETF in the second quarter worth $371,000. State Street Corp purchased a new position in shares of iShares MSCI World Small-Cap ETF in the 2nd quarter valued at $222,000. Finally, Capital Analysts LLC lifted its holdings 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 valued at $2,753,000 after acquiring 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.