WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Sees Significant Growth in Short Interest

WisdomTree Cloud Computing Fund (NASDAQ:WCLD - Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 540,900 shares, an increase of 19.2% from the November 15th total of 453,600 shares. Based on an average trading volume of 115,000 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Trading of WisdomTree Cloud Computing Fund

Several hedge funds have recently added to or reduced their stakes in WCLD. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $112,000 after buying an additional 587 shares during the period. EPIQ Capital Group LLC increased its position in WisdomTree Cloud Computing Fund by 0.9% during the second quarter. EPIQ Capital Group LLC now owns 65,005 shares of the company's stock worth $2,054,000 after acquiring an additional 609 shares during the period. Farther Finance Advisors LLC increased its position in WisdomTree Cloud Computing Fund by 12.5% during the second quarter. Farther Finance Advisors LLC now owns 8,121 shares of the company's stock worth $257,000 after acquiring an additional 903 shares during the period. Franklin Resources Inc. raised its stake in WisdomTree Cloud Computing Fund by 4.3% in the 3rd quarter. Franklin Resources Inc. now owns 24,437 shares of the company's stock worth $812,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in WisdomTree Cloud Computing Fund by 0.8% in the 3rd quarter. Raymond James & Associates now owns 134,775 shares of the company's stock valued at $4,307,000 after purchasing an additional 1,038 shares during the period.

WisdomTree Cloud Computing Fund Trading Down 1.6 %

Shares of NASDAQ:WCLD traded down $0.64 during trading on Friday, reaching $39.90. 124,961 shares of the stock were exchanged, compared to its average volume of 224,511. WisdomTree Cloud Computing Fund has a 12 month low of $27.78 and a 12 month high of $41.87. The stock has a 50-day moving average price of $36.27 and a 200-day moving average price of $32.86. The firm has a market cap of $487.98 million, a PE ratio of -15.68 and a beta of 1.09.

About WisdomTree Cloud Computing Fund

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.