First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Up 326.1% in January

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 438,809 shares, a growth of 326.1% from the January 15th total of 102,988 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 560,562 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 560,562 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Trading of First Trust WCM International Equity ETF

Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new stake in shares of First Trust WCM International Equity ETF in the fourth quarter valued at approximately $41,712,000. Fiduciary Trust Co acquired a new stake in First Trust WCM International Equity ETF during the third quarter worth approximately $37,015,000. NewEdge Advisors LLC increased its stake in shares of First Trust WCM International Equity ETF by 1,533.3% during the 3rd quarter. NewEdge Advisors LLC now owns 2,145,150 shares of the company’s stock valued at $36,189,000 after acquiring an additional 2,013,812 shares during the last quarter. Koshinski Asset Management Inc. acquired a new position in First Trust WCM International Equity ETF in the fourth quarter valued at $26,695,000. Finally, McCarthy & Cox acquired a new stake in First Trust WCM International Equity ETF in the 3rd quarter valued at $26,041,000.

First Trust WCM International Equity ETF Stock Up 0.5%

Shares of WCMI traded up $0.08 during mid-day trading on Friday, hitting $17.98. 604,309 shares of the company traded hands, compared to its average volume of 580,603. The business has a 50 day moving average of $17.51 and a 200 day moving average of $16.71. The company has a market capitalization of $925.28 million, a PE ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a 1-year low of $12.60 and a 1-year high of $18.44.

First Trust WCM International Equity ETF Company Profile

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.