WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Large Decrease in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 84,220 shares, a decline of 47.8% from the August 15th total of 161,394 shares. Based on an average daily volume of 60,593 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in WisdomTree Cybersecurity Fund by 41.8% in the 1st quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock worth $2,367,000 after acquiring an additional 27,975 shares during the period. Cetera Investment Advisers raised its stake in shares of WisdomTree Cybersecurity Fund by 19.7% during the first quarter. Cetera Investment Advisers now owns 15,886 shares of the company’s stock valued at $396,000 after purchasing an additional 2,613 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of WisdomTree Cybersecurity Fund by 80.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $45,000 after purchasing an additional 800 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of WisdomTree Cybersecurity Fund by 19.8% during the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after purchasing an additional 13,004 shares in the last quarter. Finally, Calton & Associates Inc. acquired a new position in shares of WisdomTree Cybersecurity Fund during the fourth quarter worth $206,000.

WisdomTree Cybersecurity Fund Stock Performance

Shares of WCBR stock opened at $43.81 on Thursday. The firm has a market capitalization of $175.20 million, a price-to-earnings ratio of 36.72 and a beta of 0.97. WisdomTree Cybersecurity Fund has a one year low of $22.49 and a one year high of $44.52. The company has a 50 day moving average price of $39.68 and a 200 day moving average price of $32.93.

WisdomTree Cybersecurity Fund Company Profile

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.