First Trust WCM International Equity ETF (NYSEARCA:WCMI) Sees Large Decrease in Short Interest

First Trust WCM International Equity ETF (NYSEARCA:WCMIGet Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 122,144 shares, a decline of 76.6% from the July 15th total of 523,055 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 933,691 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of First Trust WCM International Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Archer Investment Corp bought a new position in shares of First Trust WCM International Equity ETF in the 1st quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust WCM International Equity ETF in the third quarter valued at approximately $35,000. Cullen Frost Bankers Inc. acquired a new position in First Trust WCM International Equity ETF in the fourth quarter valued at approximately $49,000. Millstone Evans Group LLC lifted its holdings in First Trust WCM International Equity ETF by 37.5% in the fourth quarter. Millstone Evans Group LLC now owns 3,237 shares of the company’s stock valued at $55,000 after buying an additional 882 shares during the period. Finally, Topsail Wealth Management LLC boosted its stake in First Trust WCM International Equity ETF by 2,300.0% in the first quarter. Topsail Wealth Management LLC now owns 3,600 shares of the company’s stock valued at $60,000 after acquiring an additional 3,450 shares during the last quarter.

First Trust WCM International Equity ETF Trading Up 0.3%

Shares of WCMI traded up $0.06 during trading hours on Friday, hitting $20.11. 574,154 shares of the stock traded hands, compared to its average volume of 685,280. First Trust WCM International Equity ETF has a 1-year low of $15.42 and a 1-year high of $20.13. The firm has a market capitalization of $1.84 billion, a PE ratio of 24.74 and a beta of 0.69. The business has a fifty day moving average of $19.36 and a 200-day moving average of $18.50.

About First Trust WCM International Equity ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for First Trust WCM International Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust WCM International Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.