WisdomTree Quantum Computing Fund (BATS:WQTM) Sees Large Drop in Short Interest

WisdomTree Quantum Computing Fund (BATS:WQTM) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 45,359 shares, a decline of 57.5% from the June 30th total of 106,773 shares. Based on an average daily volume of 265,744 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On WisdomTree Quantum Computing Fund

Large investors have recently made changes to their positions in the company. Cetera Investment Advisers acquired a new position in WisdomTree Quantum Computing Fund in the first quarter worth approximately $238,000. Wealthcare Advisory Partners LLC bought a new stake in WisdomTree Quantum Computing Fund in the second quarter worth approximately $361,000. HighTower Advisors LLC bought a new stake in WisdomTree Quantum Computing Fund in the fourth quarter worth approximately $477,000. Kickstand Ventures LLC. acquired a new position in shares of WisdomTree Quantum Computing Fund during the 4th quarter worth $589,000. Finally, StoneX Group Inc. acquired a new position in shares of WisdomTree Quantum Computing Fund during the 4th quarter worth $854,000.

WisdomTree Quantum Computing Fund Stock Down 3.5%

Shares of WQTM stock opened at $30.18 on Wednesday. WisdomTree Quantum Computing Fund has a fifty-two week low of $23.18 and a fifty-two week high of $41.38. The stock’s 50-day moving average is $35.85 and its two-hundred day moving average is $30.86.

WisdomTree Quantum Computing Fund (BATS: WQTM) is an exchange-traded fund offered by WisdomTree that provides investors with thematic exposure to the quantum computing industry. Listed on the Cboe BZX exchange under the ticker WQTM, the fund is intended for investors seeking targeted access to companies involved in the development, commercialization and application of quantum computing technologies and related enabling components.

The fund invests in companies across the quantum computing ecosystem, including firms involved in quantum hardware, software, algorithms, services and supporting components or materials.