WisdomTree Quantum Computing Fund (BATS:WQTM) Short Interest Up 167.0% in July

WisdomTree Quantum Computing Fund (BATS:WQTM) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 121,092 shares, an increase of 167.0% from the July 15th total of 45,359 shares. Based on an average daily volume of 220,205 shares, the short-interest ratio is presently 0.5 days.

WisdomTree Quantum Computing Fund Stock Up 0.3%

Shares of WQTM opened at $35.33 on Friday. The stock’s 50-day moving average price is $34.56 and its two-hundred day moving average price is $31.30. WisdomTree Quantum Computing Fund has a 12 month low of $23.18 and a 12 month high of $41.38.

Hedge Funds Weigh In On WisdomTree Quantum Computing Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers bought a new stake in WisdomTree Quantum Computing Fund in the first quarter valued at approximately $238,000. Wealthcare Advisory Partners LLC bought a new position in WisdomTree Quantum Computing Fund during the 2nd quarter worth approximately $361,000. HighTower Advisors LLC bought a new position in WisdomTree Quantum Computing Fund during the 4th quarter worth approximately $477,000. Kickstand Ventures LLC. acquired a new position in shares of WisdomTree Quantum Computing Fund in the 4th quarter worth approximately $589,000. Finally, StoneX Group Inc. acquired a new position in shares of WisdomTree Quantum Computing Fund in the 4th quarter worth approximately $854,000.

WisdomTree Quantum Computing Fund (BATS: WQTM) is an exchange-traded fund offered by WisdomTree that provides investors with thematic exposure to the quantum computing industry. Listed on the Cboe BZX exchange under the ticker WQTM, the fund is intended for investors seeking targeted access to companies involved in the development, commercialization and application of quantum computing technologies and related enabling components.

The fund invests in companies across the quantum computing ecosystem, including firms involved in quantum hardware, software, algorithms, services and supporting components or materials.