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

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 162,850 shares, a drop of 65.0% from the April 30th total of 465,346 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 688,023 shares, the days-to-cover ratio is presently 0.2 days.

First Trust WCM International Equity ETF Trading Up 0.3%

NYSEARCA:WCMI traded up $0.06 during trading hours on Friday, hitting $19.16. 619,506 shares of the stock were exchanged, compared to its average volume of 592,662. First Trust WCM International Equity ETF has a 52-week low of $15.17 and a 52-week high of $19.31. The company has a market cap of $1.37 billion, a P/E ratio of 24.74 and a beta of 0.70. The firm’s fifty day moving average price is $18.07 and its 200 day moving average price is $17.59.

Institutional Investors Weigh In On First Trust WCM International Equity ETF

Institutional investors have recently added to or reduced their stakes in the business. Archer Investment Corp purchased a new stake in shares of First Trust WCM International Equity ETF in the first quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in First Trust WCM International Equity ETF in the third quarter valued at $35,000. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust WCM International Equity ETF during the 4th quarter worth $49,000. Millstone Evans Group LLC boosted its position in shares of First Trust WCM International Equity ETF by 37.5% during the 4th quarter. Millstone Evans Group LLC now owns 3,237 shares of the company’s stock worth $55,000 after purchasing an additional 882 shares in the last quarter. Finally, Topsail Wealth Management LLC grew its stake in shares of First Trust WCM International Equity ETF by 2,300.0% during the 1st quarter. Topsail Wealth Management LLC now owns 3,600 shares of the company’s stock worth $60,000 after purchasing an additional 3,450 shares during the period.

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.