WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 97,923 shares, a growth of 204.2% from the August 15th total of 32,189 shares. Based on an average daily trading volume, of 18,965 shares, the days-to-cover ratio is presently 5.2 days. Currently, 1.6% of the company’s shares are sold short.
Hedge Funds Weigh In On WisdomTree Managed Futures Strategy Fund
Hedge funds and other institutional investors have recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of WisdomTree Managed Futures Strategy Fund by 36.9% during the fourth quarter. LPL Financial LLC now owns 450,357 shares of the company’s stock worth $17,123,000 after purchasing an additional 121,292 shares in the last quarter. Stewardship Advisors LLC lifted its holdings in WisdomTree Managed Futures Strategy Fund by 0.9% during the 1st quarter. Stewardship Advisors LLC now owns 282,078 shares of the company’s stock worth $11,194,000 after buying an additional 2,416 shares during the last quarter. Earned Wealth Advisors LLC lifted its holdings in WisdomTree Managed Futures Strategy Fund by 4.3% during the 1st quarter. Earned Wealth Advisors LLC now owns 272,900 shares of the company’s stock worth $10,830,000 after buying an additional 11,212 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of WisdomTree Managed Futures Strategy Fund by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 269,132 shares of the company’s stock worth $10,681,000 after acquiring an additional 6,399 shares in the last quarter. Finally, Tidemark LLC acquired a new position in shares of WisdomTree Managed Futures Strategy Fund during the 4th quarter worth about $9,543,000.
WisdomTree Managed Futures Strategy Fund Stock Performance
Shares of NYSEARCA WTMF traded down $0.17 during trading on Monday, reaching $41.95. The stock had a trading volume of 21,709 shares, compared to its average volume of 30,396. WisdomTree Managed Futures Strategy Fund has a fifty-two week low of $36.98 and a fifty-two week high of $42.37. The business’s 50-day moving average price is $41.46 and its 200-day moving average price is $40.78. The company has a market cap of $251.73 million, a P/E ratio of 20.76 and a beta of 0.21.
About WisdomTree Managed Futures Strategy Fund
The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.
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