WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Sees Large Decline in Short Interest

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 59 shares, a decrease of 36.6% from the May 31st total of 93 shares. Based on an average trading volume of 1,996 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On WisdomTree International Multifactor Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV bought a new stake in WisdomTree International Multifactor Fund during the fourth quarter valued at approximately $207,000. Insight Wealth Strategies LLC raised its position in WisdomTree International Multifactor Fund by 5.7% in the fourth quarter. Insight Wealth Strategies LLC now owns 8,035 shares of the company’s stock worth $261,000 after acquiring an additional 430 shares during the period. Osaic Holdings Inc. bought a new position in WisdomTree International Multifactor Fund in the fourth quarter worth approximately $275,000. Retirement Planning Group LLC purchased a new position in shares of WisdomTree International Multifactor Fund during the 1st quarter worth $299,000. Finally, Cetera Investment Advisers boosted its stake in shares of WisdomTree International Multifactor Fund by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 9,760 shares of the company’s stock worth $307,000 after acquiring an additional 1,857 shares during the last quarter.

WisdomTree International Multifactor Fund Stock Up 0.3%

NYSEARCA:DWMF traded up $0.09 on Thursday, hitting $33.81. The stock had a trading volume of 225 shares, compared to its average volume of 2,679. The business’s 50-day simple moving average is $33.79 and its two-hundred day simple moving average is $33.78. The stock has a market cap of $33.81 million, a price-to-earnings ratio of 14.39 and a beta of 0.39. WisdomTree International Multifactor Fund has a 52-week low of $30.74 and a 52-week high of $35.87.

WisdomTree International Multifactor Fund Company Profile

The WisdomTree International Multifactor Fund (DWMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of equities from developed market economies, excluding US and Canada selected by a proprietary methodology using various style factors. DWMF was launched on Aug 10, 2018 and is managed by WisdomTree.