WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Stock Short Interest Jumps 1,202.3%

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 313,885 shares, a growth of 1,202.3% from the September 30th total of 24,102 shares. Currently, 6.8% of the shares of the stock are short sold. Based on an average daily volume of 130,783 shares, the days-to-cover ratio is currently 2.4 days.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

A number of institutional investors and hedge funds have recently bought and sold shares of WCBR. PNC Financial Services Group Inc. raised its position in WisdomTree Cybersecurity Fund by 80.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock valued at $45,000 after purchasing an additional 800 shares during the last quarter. Signaturefd LLC bought a new stake in shares of WisdomTree Cybersecurity Fund during the third quarter worth about $124,000. Prime Capital Investment Advisors LLC acquired a new position in shares of WisdomTree Cybersecurity Fund in the third quarter valued at approximately $213,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of WisdomTree Cybersecurity Fund in the third quarter valued at approximately $394,000. Finally, Cetera Investment Advisers raised its holdings in WisdomTree Cybersecurity Fund by 19.7% in the 1st quarter. Cetera Investment Advisers now owns 15,886 shares of the company’s stock valued at $396,000 after buying an additional 2,613 shares during the last quarter.

WisdomTree Cybersecurity Fund Price Performance

Shares of NASDAQ:WCBR opened at $51.36 on Tuesday. The company has a market cap of $235.74 million, a price-to-earnings ratio of 36.72 and a beta of 0.95. The firm has a 50 day simple moving average of $43.90 and a 200 day simple moving average of $33.65. WisdomTree Cybersecurity Fund has a one year low of $22.49 and a one year high of $51.58.

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.