Short Interest in First Trust WCM International Equity ETF (NYSEARCA:WCMI) Grows By 374.0%

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 123,174 shares, an increase of 374.0% from the December 15th total of 25,987 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 258,092 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 258,092 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

First Trust WCM International Equity ETF Stock Down 0.5%

Shares of WCMI stock traded down $0.10 on Tuesday, reaching $18.00. 119,558 shares of the stock were exchanged, compared to its average volume of 380,024. The stock has a market cap of $845.77 million, a P/E ratio of 24.74 and a beta of 1.41. The firm has a 50 day moving average of $16.78 and a two-hundred day moving average of $16.36. First Trust WCM International Equity ETF has a 1-year low of $12.60 and a 1-year high of $18.09.

Hedge Funds Weigh In On First Trust WCM International Equity ETF

A number of large investors have recently modified their holdings of the company. Private Trust Co. NA grew its holdings in shares of First Trust WCM International Equity ETF by 360.8% during the 3rd quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after purchasing an additional 1,418 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in First Trust WCM International Equity ETF during the third quarter worth approximately $35,000. Private Wealth Asset Management LLC purchased a new stake in First Trust WCM International Equity ETF during the third quarter worth approximately $95,000. Farther Finance Advisors LLC increased its position in shares of First Trust WCM International Equity ETF by 180.5% in 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 position in shares of First Trust WCM International Equity ETF in the 2nd quarter valued at $159,000.

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.