First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Update
by Renee Jackson · The Cerbat GemFirst Trust WCM International Equity ETF (NYSEARCA:WCMI – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 80,785 shares, a decrease of 43.0% from the February 26th total of 141,676 shares. Based on an average daily trading volume, of 594,778 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Private Trust Co. NA lifted its stake in shares of First Trust WCM International Equity ETF by 360.8% during the 3rd quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after buying an additional 1,418 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in First Trust WCM International Equity ETF in the 3rd quarter valued at about $35,000. Cullen Frost Bankers Inc. acquired a new stake in First Trust WCM International Equity ETF during the fourth quarter worth approximately $49,000. Millstone Evans Group LLC lifted its position in First Trust WCM International Equity ETF by 37.5% during the fourth quarter. Millstone Evans Group LLC now owns 3,237 shares of the company’s stock worth $55,000 after acquiring an additional 882 shares during the last quarter. Finally, Private Wealth Asset Management LLC bought a new stake in shares of First Trust WCM International Equity ETF during the third quarter worth approximately $95,000.
First Trust WCM International Equity ETF Trading Down 1.6%
Shares of NYSEARCA WCMI traded down $0.27 during mid-day trading on Friday, hitting $16.29. The company had a trading volume of 374,192 shares, compared to its average volume of 577,386. The firm has a 50-day simple moving average of $17.72 and a two-hundred day simple moving average of $17.10. The company has a market capitalization of $838.12 million, a PE ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a one year low of $12.60 and a one year high of $18.44.
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.