WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Large Drop in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) saw a large decline in short interest in September. As of September 15th, there was short interest totalling 6,200 shares, a decline of 47.5% from the August 31st total of 11,800 shares. Based on an average daily volume of 39,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in shares of WisdomTree Cybersecurity Fund by 13,094.2% in the 2nd quarter. NewEdge Advisors LLC now owns 79,165 shares of the company’s stock valued at $1,989,000 after purchasing an additional 78,565 shares in the last quarter. Cetera Advisors LLC acquired a new position in WisdomTree Cybersecurity Fund during the 1st quarter worth about $226,000. Demars Financial Group LLC lifted its position in WisdomTree Cybersecurity Fund by 16.3% during the 2nd quarter. Demars Financial Group LLC now owns 21,675 shares of the company’s stock worth $545,000 after buying an additional 3,040 shares in the last quarter. Jane Street Group LLC lifted its position in WisdomTree Cybersecurity Fund by 972.6% during the 1st quarter. Jane Street Group LLC now owns 259,515 shares of the company’s stock worth $6,654,000 after buying an additional 235,321 shares in the last quarter. Finally, Smith Anglin Financial LLC lifted its position in WisdomTree Cybersecurity Fund by 52.6% during the 2nd quarter. Smith Anglin Financial LLC now owns 14,693 shares of the company’s stock worth $369,000 after buying an additional 5,064 shares in the last quarter.

WisdomTree Cybersecurity Fund Stock Performance

Shares of NASDAQ:WCBR opened at $25.28 on Friday. WisdomTree Cybersecurity Fund has a 52 week low of $19.05 and a 52 week high of $29.31. The company’s fifty day moving average is $24.90 and its 200-day moving average is $24.78. The company has a market capitalization of $107.44 million, a PE ratio of 46.77 and a beta of 0.85.

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.