WisdomTree Cybersecurity Fund (NASDAQ:WCBR – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 37,376 shares, an increase of 172.1% from the February 26th total of 13,738 shares. Based on an average daily trading volume, of 46,662 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.1% of the company’s shares are short sold.
WisdomTree Cybersecurity Fund Stock Down 0.2%
WCBR stock opened at $25.13 on Thursday. The firm has a market cap of $84.94 million, a price-to-earnings ratio of 36.72 and a beta of 0.93. WisdomTree Cybersecurity Fund has a 12-month low of $22.80 and a 12-month high of $32.71. The company’s fifty day simple moving average is $25.92 and its 200 day simple moving average is $28.67.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC boosted its position in shares of WisdomTree Cybersecurity Fund by 2.7% during the 4th quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock valued at $29,224,000 after purchasing an additional 27,119 shares in the last quarter. Procyon Advisors LLC grew its stake in WisdomTree Cybersecurity Fund by 0.7% during the fourth quarter. Procyon Advisors LLC now owns 98,921 shares of the company’s stock worth $2,755,000 after purchasing an additional 682 shares during the period. Sunbelt Securities Inc. increased its holdings in WisdomTree Cybersecurity Fund by 19.8% in the fourth 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. Bank of America Corp DE increased its holdings in WisdomTree Cybersecurity Fund by 47.8% in the third quarter. Bank of America Corp DE now owns 75,333 shares of the company’s stock worth $2,364,000 after purchasing an additional 24,371 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in WisdomTree Cybersecurity Fund by 231.8% in the first quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock valued at $1,649,000 after buying an additional 42,520 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.
Further Reading
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