Short Interest in WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) Declines By 48.4%

WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 10,039 shares, a drop of 48.4% from the May 31st total of 19,453 shares. Based on an average daily volume of 29,640 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On WisdomTree Managed Futures Strategy Fund

A number of large investors have recently modified their holdings of the company. Earned Wealth Advisors LLC bought a new stake in WisdomTree Managed Futures Strategy Fund during the 4th quarter worth approximately $9,949,000. Tidemark LLC bought a new position in WisdomTree Managed Futures Strategy Fund in the 4th quarter valued at $9,543,000. Cetera Investment Advisers boosted its holdings in WisdomTree Managed Futures Strategy Fund by 225.5% in the 4th quarter. Cetera Investment Advisers now owns 262,733 shares of the company’s stock valued at $9,989,000 after purchasing an additional 182,011 shares during the period. LPL Financial LLC boosted its holdings in WisdomTree Managed Futures Strategy Fund by 36.9% in the 4th quarter. LPL Financial LLC now owns 450,357 shares of the company’s stock valued at $17,123,000 after purchasing an additional 121,292 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of WisdomTree Managed Futures Strategy Fund during the 4th quarter valued at $2,278,000.

WisdomTree Managed Futures Strategy Fund Stock Down 0.2%

WTMF stock opened at $40.52 on Tuesday. The firm has a market capitalization of $222.86 million, a PE ratio of 20.76 and a beta of 0.21. WisdomTree Managed Futures Strategy Fund has a twelve month low of $34.89 and a twelve month high of $41.55. The stock has a 50-day simple moving average of $40.90 and a two-hundred day simple moving average of $39.73.

WisdomTree Managed Futures Strategy Fund Company Profile

The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.