Short Interest in WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Declines By 80.9%

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 154 shares, a decline of 80.9% from the April 15th total of 805 shares. Based on an average trading volume of 2,561 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DWMF. Insight Wealth Strategies LLC raised its stake in WisdomTree International Multifactor Fund by 5.7% during the fourth quarter. Insight Wealth Strategies LLC now owns 8,035 shares of the company’s stock worth $261,000 after acquiring an additional 430 shares during the period. Breakwater Capital Group grew its holdings in shares of WisdomTree International Multifactor Fund by 3.0% during the third quarter. Breakwater Capital Group now owns 14,854 shares of the company’s stock valued at $474,000 after purchasing an additional 431 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of WisdomTree International Multifactor Fund by 2.8% during the fourth quarter. Stratos Wealth Partners LTD. now owns 24,660 shares of the company’s stock valued at $803,000 after purchasing an additional 663 shares during the last quarter. Cetera Investment Advisers raised its position in shares of WisdomTree International Multifactor Fund by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 9,760 shares of the company’s stock worth $307,000 after purchasing an additional 1,857 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of WisdomTree International Multifactor Fund during the 4th quarter worth approximately $207,000.

WisdomTree International Multifactor Fund Stock Down 0.2%

Shares of DWMF traded down $0.07 during trading hours on Tuesday, reaching $33.63. 549 shares of the company traded hands, compared to its average volume of 2,766. WisdomTree International Multifactor Fund has a fifty-two week low of $30.11 and a fifty-two week high of $35.87. The stock has a market capitalization of $36.99 million, a PE ratio of 14.39 and a beta of 0.41. The stock has a fifty day simple moving average of $33.90 and a 200 day simple moving average of $33.37.

About WisdomTree International Multifactor Fund

The WisdomTree International Multifactor Fund (DWMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of equities from developed market economies, excluding US and Canada selected by a proprietary methodology using various style factors. DWMF was launched on Aug 10, 2018 and is managed by WisdomTree.