WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Sees Large Increase in Short Interest

WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 39,029 shares, an increase of 82.1% from the May 31st total of 21,432 shares. Based on an average daily trading volume, of 54,587 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

WisdomTree U.S. Efficient Core Fund Price Performance

NYSEARCA NTSX opened at $58.78 on Friday. WisdomTree U.S. Efficient Core Fund has a fifty-two week low of $49.33 and a fifty-two week high of $60.00. The business has a 50 day moving average price of $58.43 and a two-hundred day moving average price of $55.97. The stock has a market cap of $1.37 billion, a PE ratio of 25.07 and a beta of 1.03.

Institutional Investors Weigh In On WisdomTree U.S. Efficient Core Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 46 Peaks LLC acquired a new stake in WisdomTree U.S. Efficient Core Fund during the 4th quarter valued at approximately $23,487,000. CIBC Bancorp USA Inc. acquired a new stake in shares of WisdomTree U.S. Efficient Core Fund during the 3rd quarter worth approximately $3,554,000. Cibc World Markets Corp acquired a new position in shares of WisdomTree U.S. Efficient Core Fund during the fourth quarter valued at $3,533,000. Kestra Advisory Services LLC boosted its stake in WisdomTree U.S. Efficient Core Fund by 62.1% during the 1st quarter. Kestra Advisory Services LLC now owns 134,234 shares of the company’s stock valued at $7,000,000 after purchasing an additional 51,434 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of WisdomTree U.S. Efficient Core Fund by 36.6% during the third quarter. BNP Paribas Financial Markets now owns 188,090 shares of the company’s stock worth $10,142,000 after buying an additional 50,353 shares during the period.

WisdomTree U.S. Efficient Core Fund Company Profile

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.