Short Interest in First Trust WCM International Equity ETF (NYSEARCA:WCMI) Decreases By 88.3%

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 25,987 shares, a drop of 88.3% from the November 30th total of 222,435 shares. Based on an average daily trading volume, of 213,947 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 213,947 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of First Trust WCM International Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA grew its holdings in shares of First Trust WCM International Equity ETF by 360.8% in the third quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock worth $31,000 after purchasing an additional 1,418 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in First Trust WCM International Equity ETF during the 3rd quarter valued at $35,000. Private Wealth Asset Management LLC bought a new stake in First Trust WCM International Equity ETF during the 3rd quarter valued at $95,000. Farther Finance Advisors LLC raised its holdings in First Trust WCM International Equity ETF by 180.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,291 shares of the company’s stock valued at $100,000 after buying an additional 4,048 shares during the last quarter. Finally, WESPAC Advisors LLC purchased a new stake in First Trust WCM International Equity ETF during the 2nd quarter valued at $159,000.

First Trust WCM International Equity ETF Stock Up 0.2%

Shares of NYSEARCA WCMI traded up $0.04 during midday trading on Wednesday, reaching $17.11. The company had a trading volume of 98,488 shares, compared to its average volume of 247,771. The stock has a market cap of $651.04 million, a PE ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a one year low of $12.60 and a one year high of $17.29. The firm’s fifty day moving average price is $16.61 and its 200-day moving average price is $16.19.

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.