WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Down 47.8% in August
by Mitch Edgeman · The Markets DailyWisdomTree Cybersecurity Fund (NASDAQ:WCBR – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 84,220 shares, a decline of 47.8% from the August 15th total of 161,394 shares. Based on an average daily volume of 60,593 shares, the short-interest ratio is presently 1.4 days. Currently, 2.9% of the shares of the company are sold short.
WisdomTree Cybersecurity Fund Stock Down 0.7%
WCBR traded down $0.30 on Wednesday, hitting $43.81. The company’s stock had a trading volume of 69,321 shares, compared to its average volume of 52,375. WisdomTree Cybersecurity Fund has a 12 month low of $22.49 and a 12 month high of $44.52. The firm has a market cap of $175.20 million, a P/E ratio of 36.72 and a beta of 0.97. The company’s 50 day simple moving average is $39.56 and its 200-day simple moving average is $32.80.
Institutional Trading of WisdomTree Cybersecurity Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in WCBR. Bank of America Corp DE lifted its holdings in shares of WisdomTree Cybersecurity Fund by 41.8% in the first quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock worth $2,367,000 after buying an additional 27,975 shares in the last quarter. Cetera Investment Advisers grew its stake in WisdomTree Cybersecurity Fund by 19.7% during the first quarter. Cetera Investment Advisers now owns 15,886 shares of the company’s stock valued at $396,000 after acquiring an additional 2,613 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in WisdomTree Cybersecurity Fund by 80.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $45,000 after acquiring an additional 800 shares during the period. Sunbelt Securities Inc. lifted its stake in WisdomTree Cybersecurity Fund by 19.8% in the 4th quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after purchasing an additional 13,004 shares in the last quarter. Finally, Calton & Associates Inc. bought a new position in WisdomTree Cybersecurity Fund in the 4th quarter valued at $206,000.
About WisdomTree Cybersecurity Fund
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.