First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) Short Interest Update

First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 714 shares, a drop of 86.8% from the June 30th total of 5,405 shares. Based on an average daily trading volume, of 14,728 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of First Trust WCM Developing World Equity ETF

Large investors have recently added to or reduced their stakes in the company. Topsail Wealth Management LLC lifted its holdings in shares of First Trust WCM Developing World Equity ETF by 2,366.7% in the first quarter. Topsail Wealth Management LLC now owns 3,700 shares of the company’s stock valued at $62,000 after purchasing an additional 3,550 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. raised its position in First Trust WCM Developing World Equity ETF by 4.3% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 20,616 shares of the company’s stock valued at $355,000 after buying an additional 843 shares during the period. Blackhawk Capital Partners LLC raised its position in First Trust WCM Developing World Equity ETF by 12.8% during the fourth quarter. Blackhawk Capital Partners LLC now owns 20,917 shares of the company’s stock valued at $360,000 after buying an additional 2,381 shares during the period. HBW Advisory Services LLC purchased a new stake in First Trust WCM Developing World Equity ETF in the 1st quarter worth about $375,000. Finally, Jane Street Group LLC lifted its stake in First Trust WCM Developing World Equity ETF by 31.1% in the 2nd quarter. Jane Street Group LLC now owns 25,629 shares of the company’s stock worth $404,000 after acquiring an additional 6,073 shares in the last quarter.

First Trust WCM Developing World Equity ETF Stock Down 2.2%

Shares of First Trust WCM Developing World Equity ETF stock traded down $0.41 during trading on Friday, hitting $18.31. The stock had a trading volume of 2,192 shares, compared to its average volume of 18,054. First Trust WCM Developing World Equity ETF has a 1 year low of $15.44 and a 1 year high of $20.29. The stock has a 50 day simple moving average of $19.25 and a 200 day simple moving average of $18.54. The company has a market capitalization of $35.34 million, a PE ratio of 19.05 and a beta of 0.90.

First Trust WCM Developing World Equity ETF Company Profile

The First Trust WCM Developing World Equity ETF (WCME) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select equity securities of industry leading companies in emerging or frontier markets. Companies selected are considered to have positive fundamentals and may be of any market capitalization WCME was launched on Mar 31, 2020 and is issued by First Trust.