WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Short Interest Up 28,783.9% in July

WisdomTree Cloud Computing Fund (NASDAQ:WCLD) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 895,400 shares, anincreaseof28,783.9% from the June 30th total of 3,100 shares. Based on an average daily volume of 129,800 shares, the days-to-cover ratio is presently 6.9 days. Based on an average daily volume of 129,800 shares, the days-to-cover ratio is presently 6.9 days.

Hedge Funds Weigh In On WisdomTree Cloud Computing Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Curi RMB Capital LLC bought a new stake in WisdomTree Cloud Computing Fund during the 4th quarter valued at $14,044,000. Raymond James Financial Inc. bought a new stake in WisdomTree Cloud Computing Fund during the fourth quarter valued at about $5,663,000. OLD National Bancorp IN bought a new stake in WisdomTree Cloud Computing Fund during the second quarter valued at about $4,664,000. Ieq Capital LLC boosted its position in WisdomTree Cloud Computing Fund by 42.1% during the first quarter. Ieq Capital LLC now owns 205,840 shares of the company’s stock valued at $6,680,000 after purchasing an additional 60,949 shares in the last quarter. Finally, Two Sigma Investments LP bought a new stake in WisdomTree Cloud Computing Fund during the fourth quarter valued at about $1,894,000.

WisdomTree Cloud Computing Fund Stock Down 2.9%

Shares of NASDAQ:WCLD opened at $34.00 on Friday. WisdomTree Cloud Computing Fund has a 52-week low of $27.14 and a 52-week high of $41.87. The business’s 50 day moving average is $35.80 and its 200 day moving average is $35.47. The stock has a market cap of $341.70 million, a P/E ratio of -15.68 and a beta of 1.09.

WisdomTree Cloud Computing Fund Company Profile

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.