WisdomTree Cloud Computing Fund (NASDAQ:WCLD – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 619,500 shares, a decline of 13.4% from the August 31st total of 715,000 shares. Based on an average daily volume of 193,000 shares, the short-interest ratio is presently 3.2 days.
WisdomTree Cloud Computing Fund Price Performance
Shares of NASDAQ:WCLD opened at $31.97 on Friday. WisdomTree Cloud Computing Fund has a 1 year low of $26.42 and a 1 year high of $37.34. The company has a market cap of $472.20 million, a PE ratio of -15.68 and a beta of 1.09. The stock’s 50-day moving average is $31.07 and its 200 day moving average is $31.87.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of WCLD. Cambridge Investment Research Advisors Inc. boosted its position in WisdomTree Cloud Computing Fund by 4.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 47,347 shares of the company’s stock valued at $1,655,000 after acquiring an additional 1,976 shares in the last quarter. Parallel Advisors LLC boosted its position in WisdomTree Cloud Computing Fund by 32.2% during the 4th quarter. Parallel Advisors LLC now owns 5,298 shares of the company’s stock valued at $185,000 after acquiring an additional 1,290 shares in the last quarter. Centaurus Financial Inc. bought a new stake in WisdomTree Cloud Computing Fund during the 4th quarter valued at approximately $807,000. ICA Group Wealth Management LLC bought a new stake in WisdomTree Cloud Computing Fund during the 4th quarter valued at approximately $177,000. Finally, Fairman Group LLC bought a new stake in WisdomTree Cloud Computing Fund during the 4th quarter valued at approximately $122,000.
About WisdomTree Cloud Computing Fund
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.
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