WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 49,477 shares, a growth of 392.8% from the June 15th total of 10,039 shares. Based on an average daily volume of 19,244 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.9% of the shares of the stock are sold short.
WisdomTree Managed Futures Strategy Fund Stock Performance
WTMF traded down $0.16 on Monday, reaching $40.89. The company had a trading volume of 32,686 shares, compared to its average volume of 31,557. The business has a 50 day simple moving average of $40.96 and a 200 day simple moving average of $39.88. The company has a market cap of $237.16 million, a price-to-earnings ratio of 20.76 and a beta of 0.21. WisdomTree Managed Futures Strategy Fund has a 52-week low of $34.89 and a 52-week high of $42.37.
Hedge Funds Weigh In On WisdomTree Managed Futures Strategy Fund
A number of institutional investors have recently made changes to their positions in WTMF. Parallel Advisors LLC bought a new stake in shares of WisdomTree Managed Futures Strategy Fund during the 1st quarter worth $31,000. Aptus Capital Advisors LLC bought a new position in WisdomTree Managed Futures Strategy Fund in the fourth quarter valued at $57,000. Comerica Bank increased its stake in WisdomTree Managed Futures Strategy Fund by 408.2% in the fourth quarter. Comerica Bank now owns 3,293 shares of the company’s stock valued at $125,000 after acquiring an additional 2,645 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund during the fourth quarter valued at about $132,000. Finally, Team Financial Group LLC raised its position in WisdomTree Managed Futures Strategy Fund by 7.9% during the fourth quarter. Team Financial Group LLC now owns 4,078 shares of the company’s stock valued at $155,000 after purchasing an additional 300 shares in the last quarter.
WisdomTree Managed Futures Strategy Fund Company Profile
The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.
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