WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Significant Increase in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 16,500 shares, a growth of 81.3% from the April 30th total of 9,100 shares. Based on an average daily volume of 22,400 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short.

WisdomTree Cybersecurity Fund Stock Performance

Shares of NASDAQ WCBR traded down $0.11 during midday trading on Wednesday, hitting $31.20. 4,473 shares of the company's stock traded hands, compared to its average volume of 29,728. The firm has a fifty day moving average of $28.23 and a 200 day moving average of $29.03. WisdomTree Cybersecurity Fund has a 1 year low of $22.20 and a 1 year high of $32.71. The stock has a market capitalization of $134.16 million, a price-to-earnings ratio of 35.44 and a beta of 0.85.

Institutional Trading of WisdomTree Cybersecurity Fund

Several large investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. raised its position in WisdomTree Cybersecurity Fund by 60.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,200 shares of the company's stock worth $33,000 after acquiring an additional 450 shares during the period. JPMorgan Chase & Co. increased its stake in shares of WisdomTree Cybersecurity Fund by 14.6% in the 4th quarter. JPMorgan Chase & Co. now owns 3,932 shares of the company's stock worth $111,000 after purchasing an additional 501 shares in the last quarter. Nwam LLC raised its holdings in WisdomTree Cybersecurity Fund by 3.4% in the 1st quarter. Nwam LLC now owns 26,490 shares of the company's stock worth $718,000 after purchasing an additional 864 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in WisdomTree Cybersecurity Fund by 5.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,417 shares of the company's stock valued at $472,000 after purchasing an additional 978 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in WisdomTree Cybersecurity Fund by 1.8% during the first quarter. NewEdge Advisors LLC now owns 87,950 shares of the company's stock valued at $2,383,000 after purchasing an additional 1,586 shares during the period.

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.