WisdomTree International Multifactor Fund (NYSEARCA:DWMF) Sees Large Decline in Short Interest

WisdomTree International Multifactor Fund (NYSEARCA:DWMF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 59 shares, a decrease of 36.6% from the May 31st total of 93 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,996 shares, the days-to-cover ratio is currently 0.0 days.

WisdomTree International Multifactor Fund Stock Up 0.3%

Shares of WisdomTree International Multifactor Fund stock traded up $0.09 on Thursday, reaching $33.81. The company’s stock had a trading volume of 225 shares, compared to its average volume of 2,679. WisdomTree International Multifactor Fund has a 52 week low of $30.74 and a 52 week high of $35.87. The firm’s fifty day simple moving average is $33.79 and its two-hundred day simple moving average is $33.78. The company has a market capitalization of $33.81 million, a price-to-earnings ratio of 14.39 and a beta of 0.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its position in WisdomTree International Multifactor Fund by 23.5% in the 2nd quarter. Cetera Investment Advisers now owns 9,760 shares of the company’s stock worth $307,000 after purchasing an additional 1,857 shares during the period. Jane Street Group LLC lifted its holdings in shares of WisdomTree International Multifactor Fund by 319.7% during the 2nd quarter. Jane Street Group LLC now owns 32,512 shares of the company’s stock valued at $1,021,000 after buying an additional 24,765 shares during the period. Flow Traders U.S. LLC boosted its stake in shares of WisdomTree International Multifactor Fund by 192.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 65,500 shares of the company’s stock worth $2,089,000 after buying an additional 43,118 shares during the last quarter. Insight Wealth Strategies LLC boosted its stake in shares of WisdomTree International Multifactor Fund by 5.7% in the 4th quarter. Insight Wealth Strategies LLC now owns 8,035 shares of the company’s stock worth $261,000 after buying an additional 430 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of WisdomTree International Multifactor Fund by 2.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 24,660 shares of the company’s stock worth $803,000 after acquiring an additional 663 shares during the period.

WisdomTree International Multifactor Fund Company Profile

The WisdomTree International Multifactor Fund (DWMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of equities from developed market economies, excluding US and Canada selected by a proprietary methodology using various style factors. DWMF was launched on Aug 10, 2018 and is managed by WisdomTree.