Short Interest in WisdomTree Quantum Computing Fund (BATS:WQTM) Grows By 323.0%

WisdomTree Quantum Computing Fund (BATS:WQTM) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 697,803 shares, a growth of 323.0% from the May 31st total of 164,982 shares. Based on an average trading volume of 683,067 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On WisdomTree Quantum Computing Fund

A number of institutional investors have recently added to or reduced their stakes in WQTM. StoneX Group Inc. bought a new position in WisdomTree Quantum Computing Fund during the fourth quarter worth about $854,000. Kickstand Ventures LLC. bought a new stake in WisdomTree Quantum Computing Fund in the fourth quarter valued at approximately $589,000. HighTower Advisors LLC acquired a new stake in shares of WisdomTree Quantum Computing Fund in the fourth quarter valued at approximately $477,000. Finally, Cetera Investment Advisers acquired a new stake in WisdomTree Quantum Computing Fund during the 1st quarter valued at $238,000.

WisdomTree Quantum Computing Fund Stock Down 1.7%

BATS:WQTM opened at $35.83 on Friday. WisdomTree Quantum Computing Fund has a 52-week low of $23.18 and a 52-week high of $41.38. The stock’s 50-day simple moving average is $35.40 and its 200 day simple moving average is $29.76.

WisdomTree Quantum Computing Fund (BATS: WQTM) is an exchange-traded fund offered by WisdomTree that provides investors with thematic exposure to the quantum computing industry. Listed on the Cboe BZX exchange under the ticker WQTM, the fund is intended for investors seeking targeted access to companies involved in the development, commercialization and application of quantum computing technologies and related enabling components.

The fund invests in companies across the quantum computing ecosystem, including firms involved in quantum hardware, software, algorithms, services and supporting components or materials.