Short Interest in WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Declines By 80.9%

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 154 shares, a drop of 80.9% from the April 15th total of 805 shares. Based on an average daily volume of 2,561 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

WisdomTree International Multifactor Fund Price Performance

Shares of DWMF traded down $0.07 during midday trading on Tuesday, reaching $33.63. The stock had a trading volume of 549 shares, compared to its average volume of 2,766. The company has a market capitalization of $36.99 million, a P/E ratio of 14.39 and a beta of 0.41. The firm’s 50 day moving average price is $33.90 and its 200-day moving average price is $33.37. WisdomTree International Multifactor Fund has a 52 week low of $30.11 and a 52 week high of $35.87.

Institutional Investors Weigh In On WisdomTree International Multifactor Fund

A number of institutional investors and hedge funds have recently bought and sold shares of DWMF. Mercer Global Advisors Inc. ADV bought a new position in shares of WisdomTree International Multifactor Fund during the 4th quarter valued at about $207,000. Insight Wealth Strategies LLC raised its holdings in shares of WisdomTree International Multifactor Fund by 5.7% in the 4th quarter. Insight Wealth Strategies LLC now owns 8,035 shares of the company’s stock worth $261,000 after purchasing an additional 430 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in WisdomTree International Multifactor Fund during the fourth quarter valued at approximately $275,000. Retirement Planning Group LLC acquired a new stake in shares of WisdomTree International Multifactor Fund during the 1st quarter valued at $299,000. Finally, Cetera Investment Advisers boosted its stake in shares of WisdomTree International Multifactor Fund by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 9,760 shares of the company’s stock worth $307,000 after acquiring an additional 1,857 shares in the last quarter.

About WisdomTree International Multifactor Fund

The WisdomTree International Multifactor Fund (DWMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of equities from developed market economies, excluding US and Canada selected by a proprietary methodology using various style factors. DWMF was launched on Aug 10, 2018 and is managed by WisdomTree.