Short Interest in WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Rises By 180.7%

WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 18,548 shares, a growth of 180.7% from the April 30th total of 6,607 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 41,810 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On WisdomTree U.S. Efficient Core Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hilton Head Capital Partners LLC acquired a new stake in WisdomTree U.S. Efficient Core Fund during the 4th quarter worth $31,000. Evolution Wealth Management Inc. lifted its stake in shares of WisdomTree U.S. Efficient Core Fund by 562.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 623 shares of the company’s stock valued at $34,000 after purchasing an additional 529 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of WisdomTree U.S. Efficient Core Fund in the 3rd quarter worth $47,000. Chapman Financial Group LLC bought a new stake in WisdomTree U.S. Efficient Core Fund in the fourth quarter valued at about $55,000. Finally, Raymond James Financial Inc. bought a new stake in WisdomTree U.S. Efficient Core Fund in the second quarter valued at about $59,000.

WisdomTree U.S. Efficient Core Fund Stock Performance

WisdomTree U.S. Efficient Core Fund stock traded up $0.16 during trading hours on Friday, reaching $59.79. 64,491 shares of the company’s stock traded hands, compared to its average volume of 59,030. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 25.07 and a beta of 1.03. WisdomTree U.S. Efficient Core Fund has a fifty-two week low of $47.14 and a fifty-two week high of $59.86. The firm’s 50 day moving average is $55.82 and its 200-day moving average is $55.25.

About WisdomTree U.S. Efficient Core Fund

The WisdomTree U.S. Efficient Core Fund (NTSX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of US equities and US Treasury futures contracts. NTSX was launched on Aug 2, 2018 and is managed by WisdomTree.