WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Sees Significant Growth in Short Interest

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 907 shares, an increase of 149.2% from the August 15th total of 364 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 890 shares, the days-to-cover ratio is presently 1.0 days.

WisdomTree International Multifactor Fund Trading Down 0.4%

Shares of WisdomTree International Multifactor Fund stock traded down $0.12 during trading on Tuesday, hitting $33.64. 655 shares of the stock traded hands, compared to its average volume of 2,240. The stock’s fifty day simple moving average is $33.96 and its 200 day simple moving average is $33.92. The firm has a market cap of $33.64 million, a P/E ratio of 14.39 and a beta of 0.40. WisdomTree International Multifactor Fund has a 52-week low of $31.37 and a 52-week high of $35.87.

Hedge Funds Weigh In On WisdomTree International Multifactor Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC increased its holdings in WisdomTree International Multifactor Fund by 23.1% during the second quarter. Citadel Advisors LLC now owns 22,982 shares of the company’s stock valued at $780,000 after buying an additional 4,309 shares during the period. Insight Wealth Strategies LLC boosted its position in WisdomTree International Multifactor Fund by 5.1% during the 2nd quarter. Insight Wealth Strategies LLC now owns 9,714 shares of the company’s stock valued at $328,000 after acquiring an additional 470 shares in the last quarter. Breakwater Capital Group increased its holdings in shares of WisdomTree International Multifactor Fund by 12.2% in the 2nd quarter. Breakwater Capital Group now owns 14,953 shares of the company’s stock valued at $508,000 after acquiring an additional 1,629 shares during the period. Cetera Investment Advisers increased its holdings 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. Finally, Retirement Planning Group LLC bought a new position in shares of WisdomTree International Multifactor Fund in the 1st quarter worth $299,000.

WisdomTree International Multifactor Fund Company Profile

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.