First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Up 374.0% in December

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 123,174 shares, a growth of 374.0% from the December 15th total of 25,987 shares. Based on an average daily volume of 258,092 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 258,092 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of First Trust WCM International Equity ETF

A number of hedge funds have recently made changes to their positions in WCMI. Private Trust Co. NA lifted its holdings in First Trust WCM International Equity ETF by 360.8% in the 3rd quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after buying an additional 1,418 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Trust WCM International Equity ETF during the third quarter valued at about $35,000. Private Wealth Asset Management LLC purchased a new stake in shares of First Trust WCM International Equity ETF during the third quarter worth about $95,000. Farther Finance Advisors LLC lifted its stake in shares of First Trust WCM International Equity ETF by 180.5% in the second quarter. Farther Finance Advisors LLC now owns 6,291 shares of the company’s stock worth $100,000 after acquiring an additional 4,048 shares in the last quarter. Finally, WESPAC Advisors LLC acquired a new position in shares of First Trust WCM International Equity ETF in the second quarter worth about $159,000.

First Trust WCM International Equity ETF Stock Down 0.5%

Shares of NYSEARCA WCMI traded down $0.10 on Tuesday, hitting $18.00. The company had a trading volume of 119,558 shares, compared to its average volume of 380,024. First Trust WCM International Equity ETF has a 12-month low of $12.60 and a 12-month high of $18.09. The firm has a market capitalization of $845.77 million, a P/E ratio of 24.74 and a beta of 1.41. The business has a 50 day moving average of $16.78 and a two-hundred day moving average of $16.36.

About First Trust WCM International Equity ETF

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.