Short Interest in First Trust WCM International Equity ETF (NYSEARCA:WCMI) Declines By 88.3%

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 25,987 shares, a decline of 88.3% from the November 30th total of 222,435 shares. Based on an average trading volume of 213,947 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 213,947 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust WCM International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA grew its position in shares of First Trust WCM International Equity ETF by 360.8% in the 3rd quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after buying an additional 1,418 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in First Trust WCM International Equity ETF during the 3rd quarter valued at about $35,000. Private Wealth Asset Management LLC purchased a new position in First Trust WCM International Equity ETF during the 3rd quarter valued at about $95,000. Farther Finance Advisors LLC boosted its stake in First Trust WCM International Equity ETF by 180.5% during the second quarter. Farther Finance Advisors LLC now owns 6,291 shares of the company’s stock worth $100,000 after acquiring an additional 4,048 shares in the last quarter. Finally, WESPAC Advisors LLC purchased a new stake in First Trust WCM International Equity ETF in the second quarter worth about $159,000.

First Trust WCM International Equity ETF Stock Up 0.2%

Shares of First Trust WCM International Equity ETF stock traded up $0.04 during trading on Wednesday, reaching $17.11. 98,488 shares of the stock were exchanged, compared to its average volume of 247,771. The firm has a market cap of $651.04 million, a price-to-earnings ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a 1 year low of $12.60 and a 1 year high of $17.29. The stock’s fifty day moving average is $16.61 and its 200 day moving average is $16.19.

First Trust WCM International Equity ETF Company Profile

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.