WisdomTree Quantum Computing Fund (BATS:WQTM) Short Interest Up 323.0% in June

WisdomTree Quantum Computing Fund (BATS:WQTM) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 697,803 shares, an increase of 323.0% from the May 31st total of 164,982 shares. Based on an average daily trading volume, of 683,067 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WQTM. Cetera Investment Advisers bought a new position in WisdomTree Quantum Computing Fund during the 1st quarter worth $238,000. HighTower Advisors LLC acquired a new stake in WisdomTree Quantum Computing Fund in the 4th quarter worth about $477,000. Kickstand Ventures LLC. bought a new stake in WisdomTree Quantum Computing Fund in the 4th quarter valued at about $589,000. Finally, StoneX Group Inc. bought a new stake in WisdomTree Quantum Computing Fund in the 4th quarter valued at about $854,000.

WisdomTree Quantum Computing Fund Price Performance

WisdomTree Quantum Computing Fund stock opened at $35.83 on Friday. WisdomTree Quantum Computing Fund has a twelve month low of $23.18 and a twelve month high of $41.38. The company’s 50-day moving average price is $35.40 and its two-hundred day moving average price is $29.76.

WisdomTree Quantum Computing Fund (BATS: WQTM) is an exchange-traded fund offered by WisdomTree that provides investors with thematic exposure to the quantum computing industry. Listed on the Cboe BZX exchange under the ticker WQTM, the fund is intended for investors seeking targeted access to companies involved in the development, commercialization and application of quantum computing technologies and related enabling components.

The fund invests in companies across the quantum computing ecosystem, including firms involved in quantum hardware, software, algorithms, services and supporting components or materials.