First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Down 76.6% in July

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 122,144 shares, a decrease of 76.6% from the July 15th total of 523,055 shares. Based on an average daily volume of 933,691 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

First Trust WCM International Equity ETF Price Performance

Shares of NYSEARCA WCMI traded up $0.02 during midday trading on Thursday, reaching $20.05. 533,389 shares of the stock were exchanged, compared to its average volume of 686,002. The business has a 50-day simple moving average of $19.33 and a two-hundred day simple moving average of $18.48. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 24.74 and a beta of 0.69. First Trust WCM International Equity ETF has a 12 month low of $15.42 and a 12 month high of $20.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC grew its stake in First Trust WCM International Equity ETF by 1.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 322,882 shares of the company’s stock valued at $6,319,000 after acquiring an additional 3,915 shares during the period. Hobart Private Capital LLC acquired a new stake in shares of First Trust WCM International Equity ETF during the second quarter worth about $5,754,000. Roxbury Financial LLC lifted its holdings in shares of First Trust WCM International Equity ETF by 53.3% during the 2nd quarter. Roxbury Financial LLC now owns 26,864 shares of the company’s stock valued at $526,000 after purchasing an additional 9,337 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of First Trust WCM International Equity ETF by 12,042.8% during the 1st quarter. Parallel Advisors LLC now owns 744,598 shares of the company’s stock valued at $12,487,000 after purchasing an additional 738,466 shares in the last quarter. Finally, Leigh Baldwin & CO. LLC acquired a new position in shares of First Trust WCM International Equity ETF in the 1st quarter valued at approximately $1,681,000.

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.