Short Interest in WisdomTree U.S. Multifactor Fund (BATS:USMF) Grows By 123.8%

WisdomTree U.S. Multifactor Fund (BATS:USMFGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,258 shares, a growth of 123.8% from the May 31st total of 562 shares. Based on an average daily trading volume, of 31,189 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of USMF. WealthPoint Financial LLC raised its stake in shares of WisdomTree U.S. Multifactor Fund by 7.7% during the first quarter. WealthPoint Financial LLC now owns 20,266 shares of the company’s stock worth $1,001,000 after purchasing an additional 1,456 shares during the last quarter. Royal Bank of Canada grew its position in WisdomTree U.S. Multifactor Fund by 99.4% in the 1st quarter. Royal Bank of Canada now owns 2,163 shares of the company’s stock valued at $107,000 after buying an additional 1,078 shares during the last quarter. World Equity Group Inc. increased its stake in WisdomTree U.S. Multifactor Fund by 3.8% in the 1st quarter. World Equity Group Inc. now owns 6,095 shares of the company’s stock valued at $301,000 after buying an additional 225 shares during the period. Walled Lake Planning & Wealth Management LLC acquired a new position in WisdomTree U.S. Multifactor Fund in the 1st quarter valued at $17,683,000. Finally, Kestra Advisory Services LLC raised its position in WisdomTree U.S. Multifactor Fund by 76.1% during the 1st quarter. Kestra Advisory Services LLC now owns 13,340 shares of the company’s stock worth $659,000 after buying an additional 5,765 shares during the last quarter.

WisdomTree U.S. Multifactor Fund Stock Up 1.2%

BATS USMF opened at $53.74 on Tuesday. The firm has a market cap of $428.85 million, a P/E ratio of 18.84 and a beta of 0.83. WisdomTree U.S. Multifactor Fund has a 52-week low of $48.40 and a 52-week high of $54.67. The business’s 50-day moving average price is $52.51 and its 200 day moving average price is $51.56.

WisdomTree U.S. Multifactor Fund Company Profile

(Get Free Report)

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.

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