WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Down 29.7% in July

Key Points

• The WisdomTree Cybersecurity Fund (WCBR) experienced a significant decline in short interest, dropping 29.7% in July, with only 6,400 shares shorted as of month-end.
• Several institutional investors, including Jane Street Group LLC and LPL Financial LLC, have markedly increased their stakes in the fund, contributing to a shift in ownership dynamics.
• The fund's stock opened at $29.76 with a market cap of $126.18 million, showcasing a PE ratio of 36.72 and a beta of 0.85.

WisdomTree Cybersecurity Fund (NASDAQ:WCBR - ) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 6,400 shares, adropof29.7% from the July 15th total of 9,100 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 0.4 days. Currently,0.2% of the company's stock are short sold. Currently,0.2% of the company's stock are short sold. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Smith Anglin Financial LLC lifted its position in WisdomTree Cybersecurity Fund by 36.4% during the 1st quarter. Smith Anglin Financial LLC now owns 1,020,122 shares of the company's stock worth $27,645,000 after buying an additional 272,479 shares in the last quarter. LPL Financial LLC lifted its position in WisdomTree Cybersecurity Fund by 158.5% during the 1st quarter. LPL Financial LLC now owns 186,845 shares of the company's stock worth $5,063,000 after buying an additional 114,561 shares in the last quarter. NewEdge Advisors LLC lifted its position in WisdomTree Cybersecurity Fund by 1.8% during the 1st quarter. NewEdge Advisors LLC now owns 87,950 shares of the company's stock worth $2,383,000 after buying an additional 1,586 shares in the last quarter. Jane Street Group LLC lifted its position in WisdomTree Cybersecurity Fund by 231.8% during the 1st quarter. Jane Street Group LLC now owns 60,865 shares of the company's stock worth $1,649,000 after buying an additional 42,520 shares in the last quarter. Finally, Nwam LLC lifted its position in WisdomTree Cybersecurity Fund by 94.8% during the 2nd quarter. Nwam LLC now owns 51,604 shares of the company's stock worth $1,624,000 after buying an additional 25,114 shares in the last quarter.

WisdomTree Cybersecurity Fund Stock Performance

Shares of WisdomTree Cybersecurity Fund stock opened at $29.76 on Wednesday. The business's 50 day simple moving average is $30.92 and its 200 day simple moving average is $29.68. WisdomTree Cybersecurity Fund has a 52-week low of $23.34 and a 52-week high of $32.71. The firm has a market cap of $126.18 million, a PE ratio of 36.72 and a beta of 0.85.

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.

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