WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Short Interest Update

WisdomTree Cloud Computing Fund (NASDAQ:WCLD - Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 460,700 shares, a decline of 18.5% from the September 30th total of 565,000 shares. Based on an average daily trading volume, of 138,600 shares, the days-to-cover ratio is presently 3.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. HBW Advisory Services LLC acquired a new stake in shares of WisdomTree Cloud Computing Fund in the 2nd quarter valued at $32,000. Opal Wealth Advisors LLC boosted its stake in shares of WisdomTree Cloud Computing Fund by 107.2% during the 2nd quarter. Opal Wealth Advisors LLC now owns 3,427 shares of the company's stock worth $108,000 after acquiring an additional 1,773 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of WisdomTree Cloud Computing Fund by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,547 shares of the company's stock valued at $112,000 after acquiring an additional 587 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of WisdomTree Cloud Computing Fund by 3,096.3% in the 3rd quarter. International Assets Investment Management LLC now owns 5,114 shares of the company's stock valued at $160,000 after acquiring an additional 4,954 shares in the last quarter. Finally, Insight Advisors LLC PA acquired a new stake in WisdomTree Cloud Computing Fund in the 2nd quarter worth approximately $202,000.

WisdomTree Cloud Computing Fund Price Performance

NASDAQ:WCLD traded up $0.13 during mid-day trading on Monday, reaching $33.05. The stock had a trading volume of 61,970 shares, compared to its average volume of 234,087. The stock has a market cap of $404.86 million, a P/E ratio of -15.68 and a beta of 1.09. The business's 50 day moving average is $31.83 and its 200 day moving average is $31.56. WisdomTree Cloud Computing Fund has a fifty-two week low of $26.42 and a fifty-two week high of $37.34.

WisdomTree Cloud Computing Fund Company Profile

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.