WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Significant Decrease in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 84,220 shares, a decrease of 47.8% from the August 15th total of 161,394 shares. Based on an average daily trading volume, of 60,593 shares, the short-interest ratio is currently 1.4 days. Approximately 2.9% of the company’s shares are short sold.

Institutional Trading of WisdomTree Cybersecurity Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its stake in shares of WisdomTree Cybersecurity Fund by 2.7% during the fourth quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock valued at $29,224,000 after purchasing an additional 27,119 shares during the period. Bank of America Corp DE increased its stake in shares of WisdomTree Cybersecurity Fund by 41.8% in the first quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock worth $2,367,000 after buying an additional 27,975 shares during the period. Sunbelt Securities Inc. increased its stake in shares of WisdomTree Cybersecurity Fund by 19.8% in the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after buying an additional 13,004 shares during the period. Cetera Investment Advisers raised its holdings in WisdomTree Cybersecurity Fund by 19.7% during the 1st quarter. Cetera Investment Advisers now owns 15,886 shares of the company’s stock valued at $396,000 after buying an additional 2,613 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in WisdomTree Cybersecurity Fund by 6.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock valued at $422,000 after buying an additional 939 shares during the last quarter.

WisdomTree Cybersecurity Fund Stock Up 2.0%

Shares of WCBR traded up $0.87 during trading hours on Tuesday, hitting $44.11. The company had a trading volume of 90,953 shares, compared to its average volume of 52,194. WisdomTree Cybersecurity Fund has a 52-week low of $22.49 and a 52-week high of $44.45. The stock’s 50 day moving average price is $39.44 and its 200 day moving average price is $32.66. The firm has a market cap of $176.41 million, a P/E ratio of 36.72 and a beta of 0.97.

WisdomTree Cybersecurity Fund Company Profile

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.