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

WisdomTree Cloud Computing Fund (NASDAQ:WCLD) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 432,700 shares, a drop of 17.9% from the December 31st total of 527,200 shares. Based on an average trading volume of 152,300 shares, the days-to-cover ratio is currently 2.8 days.

WisdomTree Cloud Computing Fund Trading Down 0.1 %

Shares of WisdomTree Cloud Computing Fund stock opened at $40.58 on Friday. The firm has a market capitalization of $489.80 million, a P/E ratio of -15.68 and a beta of 1.09. The business’s fifty day simple moving average is $39.09 and its 200 day simple moving average is $34.70. WisdomTree Cloud Computing Fund has a 12 month low of $27.78 and a 12 month high of $41.87.

Hedge Funds Weigh In On WisdomTree Cloud Computing Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in WCLD. Stonebridge Financial Group LLC purchased a new position in WisdomTree Cloud Computing Fund in the fourth quarter valued at about $12,270,000. Summit Trail Advisors LLC lifted its stake in WisdomTree Cloud Computing Fund by 24.1% in the fourth quarter. Summit Trail Advisors LLC now owns 255,743 shares of the company’s stock valued at $9,595,000 after purchasing an additional 49,719 shares during the last quarter. Insight Advisors LLC PA grew its holdings in WisdomTree Cloud Computing Fund by 19.2% during the fourth quarter. Insight Advisors LLC PA now owns 8,138 shares of the company’s stock valued at $307,000 after purchasing an additional 1,311 shares during the period. Y.D. More Investments Ltd increased its position in WisdomTree Cloud Computing Fund by 170.9% in the fourth quarter. Y.D. More Investments Ltd now owns 3,251 shares of the company’s stock worth $122,000 after buying an additional 2,051 shares during the last quarter. Finally, Milestone Asset Management LLC raised its stake in shares of WisdomTree Cloud Computing Fund by 5.9% in the fourth quarter. Milestone Asset Management LLC now owns 11,191 shares of the company’s stock valued at $420,000 after buying an additional 623 shares during the period.

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.