WisdomTree Cybersecurity Fund (NASDAQ:WCBR – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 35,177 shares, a growth of 300.9% from the June 30th total of 8,775 shares. Based on an average daily trading volume, of 47,053 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.2% of the shares of the company are short sold.
Institutional Investors Weigh In On WisdomTree Cybersecurity Fund
Hedge funds and other institutional investors have recently made changes to their positions in the company. HighTower Advisors LLC increased its holdings in shares of WisdomTree Cybersecurity Fund by 2.7% during the 4th quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock valued at $29,224,000 after purchasing an additional 27,119 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of WisdomTree Cybersecurity Fund by 41.8% in the 1st quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock valued at $2,367,000 after purchasing an additional 27,975 shares during the period. Sunbelt Securities Inc. boosted its holdings in WisdomTree Cybersecurity Fund by 19.8% during the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after buying an additional 13,004 shares in the last quarter. Jane Street Group LLC boosted its holdings in WisdomTree Cybersecurity Fund by 231.8% during the first quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock worth $1,649,000 after buying an additional 42,520 shares in the last quarter. Finally, Nwam LLC grew its position in WisdomTree Cybersecurity Fund by 30.1% during the fourth quarter. Nwam LLC now owns 29,702 shares of the company’s stock valued at $828,000 after buying an additional 6,877 shares during the period.
WisdomTree Cybersecurity Fund Stock Performance
WisdomTree Cybersecurity Fund stock traded up $0.53 during midday trading on Friday, hitting $36.18. 35,361 shares of the company were exchanged, compared to its average volume of 47,646. The business has a fifty day simple moving average of $34.87 and a two-hundred day simple moving average of $29.23. The firm has a market capitalization of $104.20 million, a PE ratio of 36.72 and a beta of 0.97. WisdomTree Cybersecurity Fund has a fifty-two week low of $22.49 and a fifty-two week high of $41.14.
WisdomTree Cybersecurity Fund Company Profile
The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.
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