WisdomTree Cybersecurity Fund (NASDAQ:WCBR - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 7,900 shares, a decline of 52.1% from the May 15th total of 16,500 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.
Institutional Investors Weigh In On WisdomTree Cybersecurity Fund
Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its holdings in shares of WisdomTree Cybersecurity Fund by 60.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,200 shares of the company's stock valued at $33,000 after purchasing an additional 450 shares in the last quarter. IFP Advisors Inc acquired a new stake in WisdomTree Cybersecurity Fund in the first quarter valued at approximately $45,000. Creative Financial Designs Inc. ADV bought a new stake in shares of WisdomTree Cybersecurity Fund during the first quarter worth $104,000. JPMorgan Chase & Co. grew its stake in shares of WisdomTree Cybersecurity Fund by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 3,932 shares of the company's stock worth $111,000 after buying an additional 501 shares during the last quarter. Finally, Lodestar Private Asset Management LLC acquired a new position in shares of WisdomTree Cybersecurity Fund during the first quarter worth $213,000.
WisdomTree Cybersecurity Fund Stock Down 1.4%
Shares of WCBR traded down $0.45 during midday trading on Friday, reaching $30.60. 10,291 shares of the stock were exchanged, compared to its average volume of 28,835. WisdomTree Cybersecurity Fund has a twelve month low of $22.20 and a twelve month high of $32.71. The stock's 50 day simple moving average is $28.95 and its 200 day simple moving average is $29.18. The company has a market cap of $131.58 million, a P/E ratio of 35.44 and a beta of 0.85.
WisdomTree Cybersecurity Fund Company Profile
(
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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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