WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Up 144.9% in June

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 10,990 shares, an increase of 144.9% from the May 31st total of 4,487 shares. Based on an average daily volume of 54,166 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its stake in shares of WisdomTree Cybersecurity Fund by 231.8% in the 1st quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock valued at $1,649,000 after purchasing an additional 42,520 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of WisdomTree Cybersecurity Fund in the second quarter valued at about $60,000. Bank of America Corp DE grew its position in WisdomTree Cybersecurity Fund by 62.4% during the second quarter. Bank of America Corp DE now owns 50,962 shares of the company’s stock worth $1,626,000 after buying an additional 19,589 shares in the last quarter. Envestnet Asset Management Inc. grew its position in WisdomTree Cybersecurity Fund by 14.4% during the third quarter. Envestnet Asset Management Inc. now owns 15,489 shares of the company’s stock worth $486,000 after buying an additional 1,950 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of WisdomTree Cybersecurity Fund by 78,840.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,947 shares of the company’s stock worth $124,000 after acquiring an additional 3,942 shares during the period.

WisdomTree Cybersecurity Fund Stock Performance

NASDAQ WCBR opened at $34.89 on Monday. The stock has a market cap of $103.62 million, a price-to-earnings ratio of 36.72 and a beta of 0.99. WisdomTree Cybersecurity Fund has a twelve month low of $22.49 and a twelve month high of $37.22. The firm’s 50 day moving average price is $30.66 and its two-hundred day moving average price is $27.91.

About WisdomTree Cybersecurity Fund

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.