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

First Trust WCM International Equity ETF (NYSEARCA:WCMI) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 80,785 shares, a decline of 43.0% from the February 26th total of 141,676 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 594,778 shares, the short-interest ratio is currently 0.1 days.

First Trust WCM International Equity ETF Stock Down 1.6%

NYSEARCA WCMI traded down $0.27 on Friday, reaching $16.29. The company had a trading volume of 374,192 shares, compared to its average volume of 577,386. The stock has a market capitalization of $838.12 million, a P/E ratio of 24.74 and a beta of 1.41. The company’s fifty day moving average is $17.72 and its 200 day moving average is $17.10. First Trust WCM International Equity ETF has a 52-week low of $12.60 and a 52-week high of $18.44.

Institutional Trading of First Trust WCM International Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in WCMI. Bank of New York Mellon Corp bought a new position in shares of First Trust WCM International Equity ETF during the fourth quarter valued at about $41,712,000. Fiduciary Trust Co bought a new stake in First Trust WCM International Equity ETF in the 3rd quarter worth about $37,015,000. NewEdge Advisors LLC grew its position in First Trust WCM International Equity ETF by 1,533.3% in the 3rd quarter. NewEdge Advisors LLC now owns 2,145,150 shares of the company’s stock worth $36,189,000 after purchasing an additional 2,013,812 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in First Trust WCM International Equity ETF in the 4th quarter valued at about $26,695,000. Finally, McCarthy & Cox purchased a new stake in First Trust WCM International Equity ETF in the 3rd quarter valued at about $26,041,000.

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.