WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Stock Short Interest Drops 53.3%

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 24,102 shares, a decrease of 53.3% from the September 15th total of 51,582 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 107,072 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Several large investors have recently bought and sold shares of WCBR. PNC Financial Services Group Inc. lifted its position in shares of WisdomTree Cybersecurity Fund by 80.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock valued at $45,000 after buying an additional 800 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in WisdomTree Cybersecurity Fund by 5.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,634 shares of the company’s stock worth $639,000 after acquiring an additional 943 shares in the last quarter. Cetera Investment Advisers raised its stake in WisdomTree Cybersecurity Fund by 19.7% during the 1st quarter. Cetera Investment Advisers now owns 15,886 shares of the company’s stock worth $396,000 after acquiring an additional 2,613 shares during the period. Sunbelt Securities Inc. raised its stake in WisdomTree Cybersecurity Fund by 19.8% during the 4th quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after acquiring an additional 13,004 shares during the period. Finally, Bank of America Corp DE lifted its holdings in WisdomTree Cybersecurity Fund by 41.8% during the first quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock valued at $2,367,000 after purchasing an additional 27,975 shares in the last quarter.

WisdomTree Cybersecurity Fund Trading Down 0.2%

Shares of WCBR opened at $48.35 on Wednesday. The company has a market cap of $202.10 million, a price-to-earnings ratio of 36.72 and a beta of 0.95. The business’s fifty day simple moving average is $42.92 and its two-hundred day simple moving average is $35.69. WisdomTree Cybersecurity Fund has a 12 month low of $22.49 and a 12 month high of $50.38.

About WisdomTree Cybersecurity Fund

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.