First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Down 16.4% in January

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 102,988 shares, a decrease of 16.4% from the December 31st total of 123,174 shares. Based on an average daily volume of 398,020 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 398,020 shares, the days-to-cover ratio is presently 0.3 days.

First Trust WCM International Equity ETF Trading Down 0.9%

WCMI traded down $0.16 on Tuesday, hitting $17.99. 162,188 shares of the company’s stock were exchanged, compared to its average volume of 500,445. The firm has a 50-day moving average price of $17.28 and a 200-day moving average price of $16.60. The stock has a market cap of $910.04 million, a price-to-earnings ratio of 24.74 and a beta of 1.41. First Trust WCM International Equity ETF has a fifty-two week low of $12.60 and a fifty-two week high of $18.44.

Institutional Trading of First Trust WCM International Equity ETF

Hedge funds have recently bought and sold shares of the business. Private Trust Co. NA increased its holdings in shares of First Trust WCM International Equity ETF by 360.8% in the third quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock valued at $31,000 after purchasing an additional 1,418 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Trust WCM International Equity ETF in the 3rd quarter worth $35,000. Millstone Evans Group LLC raised its holdings in shares of First Trust WCM International Equity ETF by 37.5% during the 4th quarter. Millstone Evans Group LLC now owns 3,237 shares of the company’s stock worth $55,000 after acquiring an additional 882 shares during the period. Private Wealth Asset Management LLC purchased a new position in shares of First Trust WCM International Equity ETF during the 3rd quarter worth $95,000. Finally, Farther Finance Advisors LLC boosted its position in shares of First Trust WCM International Equity ETF by 180.5% during the 2nd 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 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.