WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Large Increase in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 161,394 shares, an increase of 373.9% from the July 30th total of 34,054 shares. Based on an average daily trading volume, of 97,841 shares, the short-interest ratio is currently 1.6 days. Approximately 5.6% of the shares of the stock are short sold.

WisdomTree Cybersecurity Fund Stock Performance

NASDAQ:WCBR traded up $4.05 during trading hours on Thursday, reaching $42.81. The stock had a trading volume of 96,117 shares, compared to its average volume of 51,372. The stock has a market capitalization of $123.29 million, a PE ratio of 36.72 and a beta of 0.97. WisdomTree Cybersecurity Fund has a 52 week low of $22.49 and a 52 week high of $43.80. The company has a 50 day moving average price of $37.86 and a two-hundred day moving average price of $31.27.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Several large investors have recently bought and sold shares of the business. BOKF NA purchased a new stake in WisdomTree Cybersecurity Fund during the third quarter valued at $31,000. PNC Financial Services Group Inc. increased its holdings in shares of WisdomTree Cybersecurity Fund by 80.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $45,000 after buying an additional 800 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of WisdomTree Cybersecurity Fund in the 2nd quarter worth about $60,000. JPMorgan Chase & Co. raised its position in shares of WisdomTree Cybersecurity Fund by 78,840.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,947 shares of the company’s stock valued at $124,000 after buying an additional 3,942 shares in the last quarter. Finally, Calton & Associates Inc. purchased a new stake in shares of WisdomTree Cybersecurity Fund during the 4th quarter valued at about $206,000.

About WisdomTree Cybersecurity Fund

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.