WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 97,923 shares, an increase of 204.2% from the August 15th total of 32,189 shares. Based on an average daily trading volume, of 18,965 shares, the short-interest ratio is presently 5.2 days. Approximately 1.6% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund during the 1st quarter worth about $31,000. Highland Investment Advisors LLC acquired a new position in WisdomTree Managed Futures Strategy Fund in the second quarter valued at approximately $37,000. Aptus Capital Advisors LLC purchased a new position in WisdomTree Managed Futures Strategy Fund in the fourth quarter valued at approximately $57,000. Comerica Bank raised its stake in WisdomTree Managed Futures Strategy Fund by 408.2% during the 4th quarter. Comerica Bank now owns 3,293 shares of the company’s stock worth $125,000 after acquiring an additional 2,645 shares in the last quarter. Finally, Rehmann Capital Advisory Group acquired a new stake in shares of WisdomTree Managed Futures Strategy Fund during the second quarter worth about $129,000.
WisdomTree Managed Futures Strategy Fund Price Performance
Shares of NYSEARCA:WTMF traded down $0.01 during midday trading on Friday, hitting $42.12. The company had a trading volume of 36,808 shares, compared to its average volume of 30,450. The business’s 50-day simple moving average is $41.46 and its 200-day simple moving average is $40.77. The stock has a market cap of $252.72 million, a price-to-earnings ratio of 20.76 and a beta of 0.21. WisdomTree Managed Futures Strategy Fund has a twelve month low of $36.98 and a twelve month high of $42.37.
About WisdomTree Managed Futures Strategy Fund
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.
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