iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Large Decline in Short Interest

iShares Micro-Cap ETF (NYSEARCA:IWC) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 504,459 shares, a decline of 17.3% from the January 29th total of 609,822 shares. Based on an average daily volume of 161,964 shares, the short-interest ratio is currently 3.1 days. Approximately 6.6% of the company’s shares are short sold. Approximately 6.6% of the company’s shares are short sold. Based on an average daily volume of 161,964 shares, the short-interest ratio is currently 3.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IWC. Signaturefd LLC bought a new position in shares of iShares Micro-Cap ETF in the 4th quarter valued at about $27,000. International Assets Investment Management LLC acquired a new position in iShares Micro-Cap ETF in the fourth quarter valued at approximately $32,000. Frazier Financial Advisors LLC boosted its stake in iShares Micro-Cap ETF by 104.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 103 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in iShares Micro-Cap ETF in the fourth quarter valued at approximately $39,000. Finally, Harbour Investments Inc. grew its holdings in iShares Micro-Cap ETF by 46.4% during the 4th quarter. Harbour Investments Inc. now owns 284 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 90 shares during the period.

iShares Micro-Cap ETF Stock Performance

IWC traded up $3.53 during mid-day trading on Wednesday, reaching $169.67. The stock had a trading volume of 73,856 shares, compared to its average volume of 127,228. The firm’s fifty day simple moving average is $166.92 and its two-hundred day simple moving average is $156.94. The stock has a market capitalization of $1.31 billion, a P/E ratio of 15.35 and a beta of 1.11. iShares Micro-Cap ETF has a 52 week low of $95.25 and a 52 week high of $176.74.

About iShares Micro-Cap ETF

iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.