WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Sees Significant Increase in Short Interest

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 462 shares, an increase of 683.1% from the June 15th total of 59 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,639 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of WisdomTree International Multifactor Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV bought a new stake in shares of WisdomTree International Multifactor Fund during the 4th quarter valued at $207,000. Insight Wealth Strategies LLC increased its stake in shares of WisdomTree International Multifactor Fund by 5.7% in the 4th quarter. Insight Wealth Strategies LLC now owns 8,035 shares of the company’s stock worth $261,000 after purchasing an additional 430 shares in the last quarter. Osaic Holdings Inc. bought a new position in WisdomTree International Multifactor Fund in the 4th quarter worth $275,000. Retirement Planning Group LLC bought a new position in WisdomTree International Multifactor Fund in the 1st quarter worth $299,000. Finally, Cetera Investment Advisers lifted its position in WisdomTree International Multifactor Fund by 23.5% during the second quarter. Cetera Investment Advisers now owns 9,760 shares of the company’s stock valued at $307,000 after purchasing an additional 1,857 shares in the last quarter.

WisdomTree International Multifactor Fund Stock Performance

Shares of NYSEARCA DWMF traded up $0.25 during midday trading on Friday, hitting $33.81. 1,270 shares of the company’s stock traded hands, compared to its average volume of 2,649. The firm has a fifty day moving average of $33.78 and a 200 day moving average of $33.82. WisdomTree International Multifactor Fund has a 1 year low of $30.74 and a 1 year high of $35.87. The stock has a market capitalization of $33.81 million, a price-to-earnings ratio of 14.39 and a beta of 0.40.

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.