WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Significant Decline in Short Interest

WisdomTree Cybersecurity Fund (NASDAQ:WCBR - Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,700 shares, a drop of 47.9% from the September 30th total of 7,100 shares. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is presently 0.2 days.

WisdomTree Cybersecurity Fund Price Performance

Shares of WCBR stock traded up $0.13 during trading on Friday, hitting $25.96. 18,510 shares of the stock traded hands, compared to its average volume of 59,731. The firm has a market capitalization of $105.14 million, a P/E ratio of 46.77 and a beta of 0.85. WisdomTree Cybersecurity Fund has a 52-week low of $19.05 and a 52-week high of $29.31. The firm's fifty day moving average price is $25.47 and its 200-day moving average price is $24.82.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Smith Anglin Financial LLC grew its holdings in shares of WisdomTree Cybersecurity Fund by 4,677.2% during the 3rd quarter. Smith Anglin Financial LLC now owns 701,910 shares of the company's stock worth $17,857,000 after purchasing an additional 687,217 shares during the period. Jane Street Group LLC boosted its position in shares of WisdomTree Cybersecurity Fund by 972.6% during the 1st quarter. Jane Street Group LLC now owns 259,515 shares of the company's stock worth $6,654,000 after purchasing an additional 235,321 shares during the period. Procyon Advisors LLC increased its holdings in WisdomTree Cybersecurity Fund by 0.7% in the 3rd quarter. Procyon Advisors LLC now owns 97,462 shares of the company's stock valued at $2,479,000 after purchasing an additional 660 shares during the last quarter. NewEdge Advisors LLC raised its position in WisdomTree Cybersecurity Fund by 13,094.2% in the second quarter. NewEdge Advisors LLC now owns 79,165 shares of the company's stock valued at $1,989,000 after purchasing an additional 78,565 shares during the period. Finally, Demars Financial Group LLC boosted its position in shares of WisdomTree Cybersecurity Fund by 16.3% during the second quarter. Demars Financial Group LLC now owns 21,675 shares of the company's stock worth $545,000 after buying an additional 3,040 shares during the period.

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.