WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Short Interest Up 373.9% in August

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 161,394 shares, a growth of 373.9% from the July 30th total of 34,054 shares. Based on an average daily volume of 97,841 shares, the short-interest ratio is currently 1.6 days. Currently, 5.6% of the shares of the stock are short sold.

WisdomTree Cybersecurity Fund Price Performance

WCBR stock opened at $38.10 on Wednesday. The company has a 50 day simple moving average of $37.73 and a 200 day simple moving average of $31.17. The stock has a market cap of $109.73 million, a price-to-earnings ratio of 36.72 and a beta of 0.97. WisdomTree Cybersecurity Fund has a 1 year low of $22.49 and a 1 year high of $43.80.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in WisdomTree Cybersecurity Fund by 3.5% in the fourth quarter. Cetera Investment Advisers now owns 13,273 shares of the company’s stock valued at $370,000 after buying an additional 448 shares during the period. PNC Financial Services Group Inc. boosted its holdings in WisdomTree Cybersecurity Fund by 80.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $45,000 after acquiring an additional 800 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in WisdomTree Cybersecurity Fund by 6.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock valued at $422,000 after purchasing an additional 939 shares in the last quarter. BOKF NA acquired a new stake in shares of WisdomTree Cybersecurity Fund in the 3rd quarter worth about $31,000. Finally, Raymond James Financial Inc. bought a new position in shares of WisdomTree Cybersecurity Fund in the second quarter valued at approximately $60,000.

About WisdomTree Cybersecurity Fund

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.