WisdomTree Quantum Computing Fund (BATS:WQTM) Short Interest Up 191.8% in August

WisdomTree Quantum Computing Fund (BATS:WQTM) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 252,058 shares, a growth of 191.8% from the August 15th total of 86,374 shares. Based on an average trading volume of 204,634 shares, the days-to-cover ratio is currently 1.2 days.

WisdomTree Quantum Computing Fund Stock Performance

WQTM stock opened at $31.95 on Monday. The business’s fifty day simple moving average is $32.82 and its two-hundred day simple moving average is $32.12. WisdomTree Quantum Computing Fund has a twelve month low of $23.18 and a twelve month high of $41.38.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new stake in WisdomTree Quantum Computing Fund during the 2nd quarter valued at about $31,000. TD Waterhouse Canada Inc. bought a new position in WisdomTree Quantum Computing Fund in the 2nd quarter worth about $40,000. Cetera Investment Advisers purchased a new position in shares of WisdomTree Quantum Computing Fund during the first quarter worth approximately $238,000. Wealthcare Advisory Partners LLC purchased a new position in shares of WisdomTree Quantum Computing Fund during the second quarter worth approximately $361,000. Finally, Carlson Financial Inc. bought a new stake in shares of WisdomTree Quantum Computing Fund during the second quarter valued at approximately $426,000.

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.