First Trust WCM International Equity ETF (NYSEARCA:WCMI) Sees Significant Increase in Short Interest

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 222,995 shares, a growth of 82.6% from the July 30th total of 122,144 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 828,792 shares, the days-to-cover ratio is currently 0.3 days.

First Trust WCM International Equity ETF Trading Down 0.7%

Shares of NYSEARCA WCMI traded down $0.13 during midday trading on Friday, reaching $19.77. The company’s stock had a trading volume of 429,534 shares, compared to its average volume of 708,624. The stock has a 50 day simple moving average of $19.45 and a 200-day simple moving average of $18.63. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 24.74 and a beta of 0.69. First Trust WCM International Equity ETF has a fifty-two week low of $15.42 and a fifty-two week high of $20.24.

Institutional Investors Weigh In On First Trust WCM International Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in WCMI. Integrity Financial Corp WA boosted its stake in shares of First Trust WCM International Equity ETF by 32.9% during the 2nd quarter. Integrity Financial Corp WA now owns 12,178 shares of the company’s stock worth $238,000 after buying an additional 3,015 shares during the last quarter. Symphony Financial Ltd. Co. increased its position in shares of First Trust WCM International Equity ETF by 25.6% in the second quarter. Symphony Financial Ltd. Co. now owns 180,024 shares of the company’s stock valued at $3,483,000 after acquiring an additional 36,643 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in First Trust WCM International Equity ETF by 1.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 322,882 shares of the company’s stock worth $6,319,000 after acquiring an additional 3,915 shares in the last quarter. Hobart Private Capital LLC bought a new stake in First Trust WCM International Equity ETF during the second quarter worth about $5,754,000. Finally, Roxbury Financial LLC boosted its position in First Trust WCM International Equity ETF by 53.3% during the second quarter. Roxbury Financial LLC now owns 26,864 shares of the company’s stock valued at $526,000 after purchasing an additional 9,337 shares during the last quarter.

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.