WisdomTree U.S. Multifactor Fund (BATS:USMF – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 8,183 shares, a growth of 595.8% from the June 30th total of 1,176 shares. Based on an average daily trading volume, of 18,713 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.
WisdomTree U.S. Multifactor Fund Stock Up 0.1%
Shares of WisdomTree U.S. Multifactor Fund stock opened at $52.85 on Friday. The company has a market cap of $421.74 million, a PE ratio of 18.84 and a beta of 0.83. The business has a 50 day moving average of $53.14 and a 200 day moving average of $51.76. WisdomTree U.S. Multifactor Fund has a 52 week low of $48.40 and a 52 week high of $54.67.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE purchased a new stake in shares of WisdomTree U.S. Multifactor Fund in the 4th quarter worth about $105,000. Royal Bank of Canada increased its position in shares of WisdomTree U.S. Multifactor Fund by 99.4% during the first quarter. Royal Bank of Canada now owns 2,163 shares of the company’s stock valued at $107,000 after buying an additional 1,078 shares during the period. Swmg LLC bought a new position in WisdomTree U.S. Multifactor Fund in the fourth quarter worth about $203,000. FMA Wealth Management LLC bought a new position in WisdomTree U.S. Multifactor Fund in the third quarter worth about $210,000. Finally, Jane Street Group LLC bought a new position in WisdomTree U.S. Multifactor Fund in the fourth quarter worth about $250,000.
About WisdomTree U.S. Multifactor Fund
The WisdomTree U.S. Multifactor Fund (USMF) is an exchange-traded fund that is based on the WisdomTree U.S. Multifactor index. The fund tracks an index of 200 US-listed equities. Stocks are selected and weighted by a combination of investment factors. USMF was launched on Jun 29, 2017 and is managed by WisdomTree.
Featured Stories
- Five stocks we like better than WisdomTree U.S. Multifactor Fund
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for WisdomTree U.S. Multifactor Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. Multifactor Fund and related companies with MarketBeat.com's FREE daily email newsletter.
