First Trust WCM International Equity ETF (NYSEARCA:WCMI) Short Interest Down 76.6% in July

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant decline in short interest in 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. Based on an average daily trading volume, of 933,691 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

First Trust WCM International Equity ETF Price Performance

Shares of First Trust WCM International Equity ETF stock traded up $0.02 on Thursday, hitting $20.05. The company had a trading volume of 533,389 shares, compared to its average volume of 686,002. The stock has a 50-day moving average of $19.33 and a 200-day moving average of $18.48. First Trust WCM International Equity ETF has a twelve month low of $15.42 and a twelve month high of $20.12. The firm has a market capitalization of $1.83 billion, a P/E ratio of 24.74 and a beta of 0.69.

Hedge Funds Weigh In On First Trust WCM International Equity ETF

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

About First Trust WCM International Equity ETF

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.