First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Update

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 523,055 shares, a growth of 95.2% from the June 30th total of 267,979 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 734,159 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. purchased a new stake in shares of First Trust WCM International Equity ETF during the 1st quarter valued at $539,000. Jane Street Group LLC grew its position in First Trust WCM International Equity ETF by 959.6% during the first quarter. Jane Street Group LLC now owns 200,565 shares of the company’s stock valued at $2,836,000 after buying an additional 181,637 shares during the period. NewEdge Advisors LLC bought a new position in First Trust WCM International Equity ETF during the second quarter valued at about $2,090,000. Main Street Financial Solutions LLC purchased a new position in First Trust WCM International Equity ETF in the second quarter valued at about $288,000. Finally, Raymond James Financial Inc. grew its holdings in First Trust WCM International Equity ETF by 784.6% during the second quarter. Raymond James Financial Inc. now owns 1,493,556 shares of the company’s stock valued at $23,762,000 after purchasing an additional 1,324,707 shares during the period.

First Trust WCM International Equity ETF Trading Down 1.3%

Shares of NYSEARCA:WCMI opened at $18.51 on Thursday. The stock has a market cap of $1.68 billion, a PE ratio of 24.74 and a beta of 0.67. The stock’s fifty day simple moving average is $19.25 and its two-hundred day simple moving average is $18.36. First Trust WCM International Equity ETF has a 1-year low of $15.28 and a 1-year high of $19.97.

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.