Short Interest in First Trust WCM International Equity ETF (NYSEARCA:WCMI) Grows By 374.0%

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 123,174 shares, a growth of 374.0% from the December 15th total of 25,987 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 258,092 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 258,092 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

First Trust WCM International Equity ETF Trading Down 0.2%

First Trust WCM International Equity ETF stock traded down $0.03 during mid-day trading on Wednesday, hitting $17.96. The stock had a trading volume of 290,640 shares, compared to its average volume of 395,987. First Trust WCM International Equity ETF has a one year low of $12.60 and a one year high of $18.09. The firm has a market capitalization of $844.12 million, a P/E ratio of 24.74 and a beta of 1.41. The firm’s 50 day moving average is $16.81 and its 200 day moving average is $16.38.

Institutional Investors Weigh In On First Trust WCM International Equity ETF

Large investors have recently made changes to their positions in the company. Boyce & Associates Wealth Consulting Inc. purchased a new position in shares of First Trust WCM International Equity ETF during the third quarter worth approximately $524,000. Cambridge Advisors Inc. bought a new position in First Trust WCM International Equity ETF in the third quarter worth about $1,067,000. Farther Finance Advisors LLC boosted its stake in First Trust WCM International Equity ETF by 180.5% in the second quarter. Farther Finance Advisors LLC now owns 6,291 shares of the company’s stock valued at $100,000 after acquiring an additional 4,048 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of First Trust WCM International Equity ETF by 29.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 289,006 shares of the company’s stock worth $4,598,000 after purchasing an additional 65,652 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in shares of First Trust WCM International Equity ETF by 129.5% during the third quarter. Daymark Wealth Partners LLC now owns 108,822 shares of the company’s stock worth $1,836,000 after acquiring an additional 61,404 shares during the last quarter.

About First Trust WCM International Equity ETF

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.