WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Down 35.0% in September

Key Points

• WisdomTree Cybersecurity Fund (NASDAQ:WCBR) experienced a significant 35.0% drop in short interest in September, bringing the total to 22,700 shares as of September 15th.
• Several institutional investors, including PNC Financial Services Group and Raymond James Financial, have made substantial new investments in the fund, indicating growing interest in cybersecurity-focused assets.
• The fund's recent trading performance saw it rise to $32.25 with a one-year high of $32.71, showcasing its strength in the market.

WisdomTree Cybersecurity Fund (NASDAQ:WCBR - ) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 22,700 shares, a drop of 35.0% from the August 31st total of 34,900 shares. Based on an average daily volume of 19,000 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 19,000 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. grew 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 in the last quarter. IFP Advisors Inc bought a new stake in WisdomTree Cybersecurity Fund during the first quarter worth about $45,000. Raymond James Financial Inc. purchased a new position in shares of WisdomTree Cybersecurity Fund in the 2nd quarter worth about $60,000. Creative Financial Designs Inc. ADV bought a new position in shares of WisdomTree Cybersecurity Fund during the 1st quarter valued at about $104,000. Finally, Demars Financial Group LLC bought a new position in shares of WisdomTree Cybersecurity Fund during the 2nd quarter valued at about $212,000.

WisdomTree Cybersecurity Fund Price Performance

NASDAQ:WCBR traded up $0.54 during trading hours on Monday, hitting $32.25. The stock had a trading volume of 11,342 shares, compared to its average volume of 23,816. The company has a 50 day simple moving average of $30.73 and a two-hundred day simple moving average of $29.92. The firm has a market capitalization of $137.71 million, a price-to-earnings ratio of 36.72 and a beta of 0.85. WisdomTree Cybersecurity Fund has a one year low of $23.34 and a one year high of $32.71.

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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