WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Short Interest Update

WisdomTree Cloud Computing Fund (NASDAQ:WCLD) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 460,700 shares, a decrease of 18.5% from the September 30th total of 565,000 shares. Based on an average daily volume of 138,600 shares, the days-to-cover ratio is presently 3.3 days.

WisdomTree Cloud Computing Fund Price Performance

NASDAQ WCLD opened at $33.05 on Tuesday. The company has a 50 day simple moving average of $31.83 and a 200-day simple moving average of $31.56. The firm has a market capitalization of $404.86 million, a price-to-earnings ratio of -15.68 and a beta of 1.09. WisdomTree Cloud Computing Fund has a 52-week low of $26.42 and a 52-week high of $37.34.

Hedge Funds Weigh In On WisdomTree Cloud Computing Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Clearwater Capital Advisors LLC raised its position in WisdomTree Cloud Computing Fund by 5.5% during the second quarter. Clearwater Capital Advisors LLC now owns 158,572 shares of the company’s stock valued at $5,009,000 after acquiring an additional 8,278 shares in the last quarter. Raymond James & Associates grew its holdings in WisdomTree Cloud Computing Fund by 0.8% during the third quarter. Raymond James & Associates now owns 134,775 shares of the company’s stock valued at $4,307,000 after purchasing an additional 1,038 shares during the last quarter. Ieq Capital LLC grew its holdings in WisdomTree Cloud Computing Fund by 125.3% during the second quarter. Ieq Capital LLC now owns 105,981 shares of the company’s stock valued at $3,348,000 after purchasing an additional 58,938 shares during the last quarter. EPIQ Capital Group LLC grew its holdings in WisdomTree Cloud Computing Fund by 0.9% during the second quarter. EPIQ Capital Group LLC now owns 65,005 shares of the company’s stock valued at $2,054,000 after purchasing an additional 609 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in WisdomTree Cloud Computing Fund by 51.3% during the first quarter. Cetera Investment Advisers now owns 60,825 shares of the company’s stock valued at $2,118,000 after purchasing an additional 20,614 shares during the last quarter.

About WisdomTree Cloud Computing Fund

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.