WisdomTree U.S. Multifactor Fund (BATS:USMF) Short Interest Down 75.8% in May

WisdomTree U.S. Multifactor Fund (BATS:USMF) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 966 shares, a drop of 75.8% from the April 30th total of 3,989 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 20,907 shares, the short-interest ratio is presently 0.0 days.

WisdomTree U.S. Multifactor Fund Price Performance

Shares of USMF opened at $52.85 on Friday. The stock has a 50-day moving average of $50.99 and a 200-day moving average of $51.19. The company has a market cap of $421.74 million, a PE ratio of 18.84 and a beta of 0.83. WisdomTree U.S. Multifactor Fund has a one year low of $48.40 and a one year high of $53.36.

Institutional Trading of WisdomTree U.S. Multifactor Fund

Large investors have recently made changes to their positions in the company. Great Valley Advisor Group Inc. grew its stake in shares of WisdomTree U.S. Multifactor Fund by 4.9% in the 4th quarter. Great Valley Advisor Group Inc. now owns 590,319 shares of the company’s stock valued at $30,260,000 after buying an additional 27,629 shares during the period. Swmg LLC acquired a new stake in shares of WisdomTree U.S. Multifactor Fund in the 4th quarter valued at about $203,000. HighTower Advisors LLC grew its stake in shares of WisdomTree U.S. Multifactor Fund by 1.1% in the 4th quarter. HighTower Advisors LLC now owns 1,351,735 shares of the company’s stock valued at $69,290,000 after buying an additional 15,047 shares during the period. Kestra Private Wealth Services LLC grew its stake in shares of WisdomTree U.S. Multifactor Fund by 1.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 29,569 shares of the company’s stock valued at $1,516,000 after buying an additional 345 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in shares of WisdomTree U.S. Multifactor Fund in the 4th quarter valued at about $3,678,000.

About WisdomTree U.S. Multifactor Fund

The WisdomTree U.S. Multifactor Fund (USMF) is an exchange-traded fund that is based on the WisdomTree U.S. Multifactor index. The fund tracks an index of 200 US-listed equities. Stocks are selected and weighted by a combination of investment factors. USMF was launched on Jun 29, 2017 and is managed by WisdomTree.