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

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

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in iShares MSCI World Small-Cap ETF during the 2nd quarter worth $5,997,000. State Street Corp bought a new position in shares of iShares MSCI World Small-Cap ETF in the fourth quarter worth about $1,022,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares MSCI World Small-Cap ETF during the 2nd quarter worth about $162,000. National Bank of Canada FI acquired a new position in shares of iShares MSCI World Small-Cap ETF during the 3rd quarter worth about $51,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in iShares MSCI World Small-Cap ETF during the 3rd quarter valued at approximately $26,000.

iShares MSCI World Small-Cap ETF Stock Down 1.1%

Shares of WSML traded down $0.37 during mid-day trading on Thursday, hitting $34.72. 3,739 shares of the company’s stock were exchanged, compared to its average volume of 67,359. The stock has a market cap of $659.68 million, a price-to-earnings ratio of -6,426.06 and a beta of 0.80. The firm has a fifty day moving average of $34.32 and a two-hundred day moving average of $32.84. iShares MSCI World Small-Cap ETF has a twelve month low of $27.83 and a twelve month high of $35.45.

iShares MSCI World Small-Cap ETF Announces Dividend

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 of this dividend was Monday, June 15th. iShares MSCI World Small-Cap ETF’s dividend payout ratio is presently -17,952.99%.

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.