WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) Short Interest Down 48.4% in June

WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 10,039 shares, a decline of 48.4% from the May 31st total of 19,453 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 29,640 shares, the short-interest ratio is currently 0.3 days.

WisdomTree Managed Futures Strategy Fund Stock Performance

Shares of WisdomTree Managed Futures Strategy Fund stock traded down $0.27 during trading on Wednesday, reaching $40.58. The company had a trading volume of 33,359 shares, compared to its average volume of 31,528. The company has a market cap of $223.19 million, a price-to-earnings ratio of 20.76 and a beta of 0.21. The firm’s fifty day moving average is $40.91 and its 200-day moving average is $39.75. WisdomTree Managed Futures Strategy Fund has a fifty-two week low of $34.89 and a fifty-two week high of $41.55.

Hedge Funds Weigh In On WisdomTree Managed Futures Strategy Fund

A number of hedge funds have recently added to or reduced their stakes in WTMF. Parallel Advisors LLC bought a new stake in WisdomTree Managed Futures Strategy Fund during the first quarter valued at $31,000. Aptus Capital Advisors LLC bought a new position in shares of WisdomTree Managed Futures Strategy Fund in the 4th quarter worth about $57,000. Comerica Bank boosted its holdings in shares of WisdomTree Managed Futures Strategy Fund by 408.2% in the 4th quarter. Comerica Bank now owns 3,293 shares of the company’s stock valued at $125,000 after buying an additional 2,645 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in shares of WisdomTree Managed Futures Strategy Fund in the 4th quarter valued at about $132,000. Finally, Team Financial Group LLC grew its position in shares of WisdomTree Managed Futures Strategy Fund by 7.9% during the 4th quarter. Team Financial Group LLC now owns 4,078 shares of the company’s stock valued at $155,000 after buying an additional 300 shares during the last quarter.

About WisdomTree Managed Futures Strategy Fund

The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.