First Trust WCM International Equity ETF (NYSEARCA:WCMI) Shares Shorted: Short Interest Up 77.4% in October

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 959,551 shares, an increase of 77.4% from the September 30th total of 540,913 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 1,118,846 shares, the days-to-cover ratio is currently 0.9 days.

First Trust WCM International Equity ETF Trading Down 2.0%

First Trust WCM International Equity ETF stock traded down $0.37 during midday trading on Friday, reaching $18.27. 1,554,432 shares of the stock traded hands, compared to its average volume of 796,524. First Trust WCM International Equity ETF has a fifty-two week low of $15.70 and a fifty-two week high of $20.24. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 24.74 and a beta of 0.72. The firm has a fifty day moving average price of $19.18 and a two-hundred day moving average price of $18.67.

Hedge Funds Weigh In On First Trust WCM International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. HBW Advisory Services LLC boosted its position in First Trust WCM International Equity ETF by 1.2% during the third quarter. HBW Advisory Services LLC now owns 72,866 shares of the company’s stock valued at $1,390,000 after purchasing an additional 866 shares during the last quarter. World Equity Group Inc. raised its position in First Trust WCM International Equity ETF by 1.7% during the first quarter. World Equity Group Inc. now owns 64,126 shares of the company’s stock valued at $1,075,000 after acquiring an additional 1,072 shares in the last quarter. Gentry Private Wealth LLC raised its position in First Trust WCM International Equity ETF by 7.8% during the first quarter. Gentry Private Wealth LLC now owns 15,225 shares of the company’s stock valued at $255,000 after acquiring an additional 1,102 shares in the last quarter. Waverly Advisors LLC lifted its stake in First Trust WCM International Equity ETF by 3.1% in the second quarter. Waverly Advisors LLC now owns 49,320 shares of the company’s stock valued at $965,000 after acquiring an additional 1,471 shares during the last quarter. Finally, Archer Investment Corp acquired a new stake in First Trust WCM International Equity ETF in the first quarter valued at approximately $25,000.

About First Trust WCM International Equity ETF

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.