WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Large Drop in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a drop of 99.8% from the March 15th total of 58,200 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 0.1 days.

WisdomTree Cybersecurity Fund Stock Down 1.1 %

NASDAQ:WCBR opened at $25.27 on Thursday. WisdomTree Cybersecurity Fund has a 52 week low of $16.29 and a 52 week high of $29.31. The stock has a market capitalization of $105.88 million, a PE ratio of -30.72 and a beta of 0.85. The stock’s 50-day moving average price is $26.33 and its 200-day moving average price is $24.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. DB Wealth Management Group LLC raised its position in shares of WisdomTree Cybersecurity Fund by 122.5% during the 4th quarter. DB Wealth Management Group LLC now owns 1,513 shares of the company’s stock valued at $38,000 after buying an additional 833 shares during the period. Bank of America Corp DE purchased a new stake in WisdomTree Cybersecurity Fund in the first quarter valued at approximately $40,000. Osaic Holdings Inc. grew its stake in shares of WisdomTree Cybersecurity Fund by 325.7% in the second quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock worth $43,000 after acquiring an additional 1,700 shares in the last quarter. Baystate Wealth Management LLC grew its stake in shares of WisdomTree Cybersecurity Fund by 147.0% in the third quarter. Baystate Wealth Management LLC now owns 2,645 shares of the company’s stock worth $54,000 after acquiring an additional 1,574 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its stake in shares of WisdomTree Cybersecurity Fund by 42.6% during the first quarter. 1832 Asset Management L.P. now owns 3,350 shares of the company’s stock worth $83,000 after purchasing an additional 1,000 shares in the last quarter.

WisdomTree Cybersecurity Fund Company Profile

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.