First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) Stock Short Interest Report for October

First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 9,194 shares, a drop of 69.9% from the October 15th total of 30,550 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 6,232 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Trading of First Trust WCM Developing World Equity ETF

A number of large investors have recently made changes to their positions in the company. Harbour Investments Inc. purchased a new stake in First Trust WCM Developing World Equity ETF in the third quarter valued at approximately $29,000. HBW Advisory Services LLC purchased a new position in shares of First Trust WCM Developing World Equity ETF during the first quarter worth approximately $375,000. Blackhawk Capital Partners LLC grew its position in shares of First Trust WCM Developing World Equity ETF by 7.2% during the first quarter. Blackhawk Capital Partners LLC now owns 22,420 shares of the company’s stock worth $376,000 after acquiring an additional 1,503 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of First Trust WCM Developing World Equity ETF during the first quarter worth approximately $482,000. Finally, United Advisor Group LLC increased its holdings in shares of First Trust WCM Developing World Equity ETF by 12.2% in the 3rd quarter. United Advisor Group LLC now owns 54,017 shares of the company’s stock valued at $1,030,000 after acquiring an additional 5,891 shares during the period.

First Trust WCM Developing World Equity ETF Stock Performance

Shares of WCME stock traded down $0.05 during mid-day trading on Friday, hitting $17.46. 2,916 shares of the stock were exchanged, compared to its average volume of 14,594. The stock’s fifty day simple moving average is $18.57 and its two-hundred day simple moving average is $18.61. First Trust WCM Developing World Equity ETF has a 12-month low of $16.17 and a 12-month high of $20.29. The stock has a market capitalization of $36.32 million, a price-to-earnings ratio of 12.37 and a beta of 0.99.

About First Trust WCM Developing World Equity ETF

The First Trust WCM Developing World Equity ETF (WCME) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select equity securities of industry leading companies in emerging or frontier markets. Companies selected are considered to have positive fundamentals and may be of any market capitalization WCME was launched on Mar 31, 2020 and is issued by First Trust.