WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Significant Growth in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 10,990 shares, a growth of 144.9% from the May 31st total of 4,487 shares. Based on an average daily trading volume, of 54,166 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

A number of institutional investors and hedge funds have recently made changes to their positions in WCBR. Cetera Investment Advisers grew its stake in shares of WisdomTree Cybersecurity Fund by 3.5% in the fourth quarter. Cetera Investment Advisers now owns 13,273 shares of the company’s stock valued at $370,000 after buying an additional 448 shares in the last quarter. Procyon Advisors LLC lifted its stake in WisdomTree Cybersecurity Fund by 0.7% in the fourth quarter. Procyon Advisors LLC now owns 98,921 shares of the company’s stock valued at $2,755,000 after acquiring an additional 682 shares during the last quarter. PNC Financial Services Group Inc. grew its position 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 valued at $45,000 after acquiring an additional 800 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of WisdomTree Cybersecurity Fund by 6.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock valued at $422,000 after acquiring an additional 939 shares during the period. Finally, BOKF NA acquired a new position in shares of WisdomTree Cybersecurity Fund during the 3rd quarter worth about $31,000.

WisdomTree Cybersecurity Fund Stock Performance

WCBR traded up $1.21 on Wednesday, hitting $37.43. 6,681 shares of the company were exchanged, compared to its average volume of 47,832. WisdomTree Cybersecurity Fund has a 12 month low of $22.49 and a 12 month high of $37.48. The company has a market cap of $111.16 million, a PE ratio of 36.72 and a beta of 0.99. The stock’s fifty day moving average is $31.08 and its 200-day moving average is $28.00.

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.