WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Sees Large Drop in Short Interest

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 59 shares, a drop of 36.6% from the May 31st total of 93 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,996 shares, the short-interest ratio is currently 0.0 days.

WisdomTree International Multifactor Fund Stock Performance

NYSEARCA:DWMF opened at $33.74 on Friday. WisdomTree International Multifactor Fund has a twelve month low of $30.74 and a twelve month high of $35.87. The company has a market cap of $33.74 million, a PE ratio of 14.39 and a beta of 0.39. The company’s 50 day moving average is $33.78 and its two-hundred day moving average is $33.79.

Institutional Investors Weigh In On WisdomTree International Multifactor Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its position in shares of WisdomTree International Multifactor Fund by 14.8% in the 1st quarter. Cetera Investment Advisers now owns 75,118 shares of the company’s stock valued at $2,530,000 after acquiring an additional 9,671 shares during the period. Flow Traders U.S. LLC lifted its position in WisdomTree International Multifactor Fund by 192.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 65,500 shares of the company’s stock worth $2,089,000 after acquiring an additional 43,118 shares during the period. Jane Street Group LLC lifted its position in WisdomTree International Multifactor Fund by 319.7% during the 2nd quarter. Jane Street Group LLC now owns 32,512 shares of the company’s stock worth $1,021,000 after acquiring an additional 24,765 shares during the period. Stratos Wealth Partners LTD. grew its stake in WisdomTree International Multifactor Fund by 2.8% during the 4th 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. Finally, TopTier Wealth Management LLC purchased a new stake in WisdomTree International Multifactor Fund during the 4th quarter valued at about $327,000.

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.