Short Interest in WisdomTree Quantum Computing Fund (BATS:WQTM) Declines By 57.5%

WisdomTree Quantum Computing Fund (BATS:WQTM) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 45,359 shares, a decrease of 57.5% from the June 30th total of 106,773 shares. Based on an average daily volume of 265,744 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On WisdomTree Quantum Computing Fund

Several hedge funds have recently added to or reduced their stakes in WQTM. Kickstand Ventures LLC. bought a new position in WisdomTree Quantum Computing Fund during the fourth quarter worth about $589,000. HighTower Advisors LLC bought a new stake in shares of WisdomTree Quantum Computing Fund in the 4th quarter valued at about $477,000. StoneX Group Inc. bought a new stake in shares of WisdomTree Quantum Computing Fund in the 4th quarter valued at about $854,000. Cetera Investment Advisers acquired a new stake in shares of WisdomTree Quantum Computing Fund in the 1st quarter valued at approximately $238,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of WisdomTree Quantum Computing Fund in the 2nd quarter valued at approximately $361,000.

WisdomTree Quantum Computing Fund Stock Performance

BATS:WQTM opened at $30.62 on Monday. WisdomTree Quantum Computing Fund has a 12-month low of $23.18 and a 12-month high of $41.38. The stock’s fifty day simple moving average is $35.94 and its 200-day simple moving average is $30.82.

WisdomTree Quantum Computing Fund (BATS: WQTM) is an exchange-traded fund offered by WisdomTree that provides investors with thematic exposure to the quantum computing industry. Listed on the Cboe BZX exchange under the ticker WQTM, the fund is intended for investors seeking targeted access to companies involved in the development, commercialization and application of quantum computing technologies and related enabling components.

The fund invests in companies across the quantum computing ecosystem, including firms involved in quantum hardware, software, algorithms, services and supporting components or materials.