First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Down 49.5% in February

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 221,592 shares, a decrease of 49.5% from the January 29th total of 438,809 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 847,957 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 847,957 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On First Trust WCM International Equity ETF

Several hedge funds have recently made changes to their positions in WCMI. Private Trust Co. NA increased its position in First Trust WCM International Equity ETF by 360.8% during the third quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after buying an additional 1,418 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of First Trust WCM International Equity ETF during the third quarter worth approximately $35,000. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust WCM International Equity ETF in the 4th quarter valued at $49,000. Millstone Evans Group LLC increased its holdings in shares of First Trust WCM International Equity ETF by 37.5% in the 4th quarter. Millstone Evans Group LLC now owns 3,237 shares of the company’s stock valued at $55,000 after acquiring an additional 882 shares during the period. Finally, Private Wealth Asset Management LLC purchased a new stake in First Trust WCM International Equity ETF in the 3rd quarter valued at $95,000.

First Trust WCM International Equity ETF Trading Down 0.8%

WCMI traded down $0.15 during trading on Friday, hitting $18.12. The company’s stock had a trading volume of 431,825 shares, compared to its average volume of 582,719. The business’s fifty day simple moving average is $17.83 and its 200 day simple moving average is $16.92. The firm has a market capitalization of $932.27 million, a price-to-earnings ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a twelve month low of $12.60 and a twelve month high of $18.44.

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.