WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Up 373.9% in August

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 161,394 shares, an increase of 373.9% from the July 30th total of 34,054 shares. Based on an average daily trading volume, of 97,841 shares, the days-to-cover ratio is currently 1.6 days. Currently, 5.6% of the company’s shares are sold short.

WisdomTree Cybersecurity Fund Trading Down 1.1%

Shares of WCBR stock traded down $0.47 on Friday, reaching $42.34. 20,195 shares of the company’s stock were exchanged, compared to its average volume of 51,177. WisdomTree Cybersecurity Fund has a 52 week low of $22.49 and a 52 week high of $43.80. The stock has a market capitalization of $121.94 million, a PE ratio of 36.72 and a beta of 0.97. The company’s fifty day simple moving average is $38.08 and its 200 day simple moving average is $31.40.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of WisdomTree Cybersecurity Fund by 231.8% in the 1st quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock worth $1,649,000 after acquiring an additional 42,520 shares in the last quarter. Bank of America Corp DE boosted its position in WisdomTree Cybersecurity Fund by 41.8% during the first quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock valued at $2,367,000 after purchasing an additional 27,975 shares in the last quarter. HighTower Advisors LLC boosted its position in WisdomTree Cybersecurity Fund by 2.7% during the fourth 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. Sunbelt Securities Inc. grew its stake in WisdomTree Cybersecurity Fund by 19.8% in the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock valued at $2,193,000 after purchasing an additional 13,004 shares during the last quarter. Finally, Calton & Associates Inc. purchased a new position in WisdomTree Cybersecurity Fund in the fourth quarter valued at about $206,000.

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.