Short Interest in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) Grows By 432.1%

First Trust WCM Developing World Equity ETF (NYSEARCA:WCMEGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 3,799 shares, an increase of 432.1% from the July 15th total of 714 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 10,661 shares, the short-interest ratio is presently 0.4 days.

First Trust WCM Developing World Equity ETF Stock Performance

WCME stock remained flat at $19.01 during trading on Friday. 1,034 shares of the company traded hands, compared to its average volume of 17,418. First Trust WCM Developing World Equity ETF has a one year low of $15.90 and a one year high of $20.29. The stock has a 50-day simple moving average of $18.97 and a 200 day simple moving average of $18.58. The stock has a market capitalization of $36.69 million, a PE ratio of 19.05 and a beta of 0.94.

Institutional Investors Weigh In On First Trust WCM Developing World Equity ETF

Institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers purchased a new position in First Trust WCM Developing World Equity ETF in the 2nd quarter worth approximately $413,000. Jane Street Group LLC boosted its stake in First Trust WCM Developing World Equity ETF by 31.1% during the 2nd quarter. Jane Street Group LLC now owns 25,629 shares of the company’s stock valued at $404,000 after purchasing an additional 6,073 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in First Trust WCM Developing World Equity ETF by 15.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 86,065 shares of the company’s stock valued at $1,482,000 after purchasing an additional 11,334 shares during the last quarter. Blackhawk Capital Partners LLC increased its holdings in shares of First Trust WCM Developing World Equity ETF by 12.8% in the 4th quarter. Blackhawk Capital Partners LLC now owns 20,917 shares of the company’s stock worth $360,000 after purchasing an additional 2,381 shares in the last quarter. Finally, Wagner Wealth Management Corp bought a new stake in shares of First Trust WCM Developing World Equity ETF in the 4th quarter worth $446,000.

About First Trust WCM Developing World Equity ETF

(Get Free Report)

The First Trust WCM Developing World Equity ETF (WCME) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select equity securities of industry leading companies in emerging or frontier markets. Companies selected are considered to have positive fundamentals and may be of any market capitalization WCME was launched on Mar 31, 2020 and is issued by First Trust.

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