First Trust WCM International Equity ETF (NYSEARCA:WCMI) Shares Shorted: Short Interest Up 77.4% in October

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 959,551 shares, an increase of 77.4% from the September 30th total of 540,913 shares. Based on an average daily volume of 1,118,846 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.9% of the company’s shares are short sold.

Hedge Funds Weigh In On First Trust WCM International Equity ETF

Several large investors have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC lifted its stake in First Trust WCM International Equity ETF by 6,437.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 5,366,360 shares of the company’s stock valued at $102,390,000 after acquiring an additional 5,284,268 shares in the last quarter. Royal Bank of Canada grew its stake in shares of First Trust WCM International Equity ETF by 111.1% in the 1st quarter. Royal Bank of Canada now owns 2,445,053 shares of the company’s stock worth $41,004,000 after acquiring an additional 1,286,689 shares in the last quarter. Berger Financial Group Inc purchased a new stake in shares of First Trust WCM International Equity ETF in the first quarter valued at about $13,180,000. Commonwealth Financial Services LLC purchased a new stake in shares of First Trust WCM International Equity ETF in the third quarter valued at about $14,189,000. Finally, Parallel Advisors LLC lifted its position in shares of First Trust WCM International Equity ETF by 12,042.8% during the first quarter. Parallel Advisors LLC now owns 744,598 shares of the company’s stock valued at $12,487,000 after purchasing an additional 738,466 shares in the last quarter.

First Trust WCM International Equity ETF Stock Down 0.1%

WCMI traded down $0.01 during trading on Monday, reaching $18.25. 763,442 shares of the stock traded hands, compared to its average volume of 795,290. The stock’s 50-day moving average is $19.18 and its 200 day moving average is $18.67. First Trust WCM International Equity ETF has a 12 month low of $15.70 and a 12 month high of $20.24. The stock has a market capitalization of $2.07 billion, a PE ratio of 24.74 and a beta of 0.72.

First Trust WCM International Equity ETF Company Profile

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.