WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) Sees Significant Drop in Short Interest

WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 10,039 shares, a decrease of 48.4% from the May 31st total of 19,453 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 29,640 shares, the days-to-cover ratio is currently 0.3 days.

WisdomTree Managed Futures Strategy Fund Trading Up 0.3%

Shares of WTMF stock traded up $0.13 on Thursday, reaching $40.71. 34,146 shares of the company’s stock were exchanged, compared to its average volume of 31,548. The company’s fifty day simple moving average is $40.91 and its 200 day simple moving average is $39.76. WisdomTree Managed Futures Strategy Fund has a 52 week low of $34.89 and a 52 week high of $41.55. The stock has a market capitalization of $234.08 million, a PE ratio of 20.76 and a beta of 0.21.

Institutional Trading of WisdomTree Managed Futures Strategy Fund

Large investors have recently made changes to their positions in the stock. Parallel Advisors LLC bought a new position in shares of WisdomTree Managed Futures Strategy Fund in the first quarter worth about $31,000. Aptus Capital Advisors LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund in the 4th quarter valued at about $57,000. Comerica Bank boosted its position in WisdomTree Managed Futures Strategy Fund by 408.2% in the 4th quarter. Comerica Bank now owns 3,293 shares of the company’s stock valued at $125,000 after buying an additional 2,645 shares during the period. Litman Gregory Wealth Management LLC bought a new position in WisdomTree Managed Futures Strategy Fund in the 4th quarter worth about $132,000. Finally, Team Financial Group LLC increased its position in shares of WisdomTree Managed Futures Strategy Fund by 7.9% during the fourth quarter. Team Financial Group LLC now owns 4,078 shares of the company’s stock worth $155,000 after acquiring an additional 300 shares during the period.

About WisdomTree Managed Futures Strategy Fund

The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.