WisdomTree Quantum Computing Fund (BATS:WQTM) Sees Significant Increase in Short Interest

WisdomTree Quantum Computing Fund (BATS:WQTM) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 121,092 shares, an increase of 167.0% from the July 15th total of 45,359 shares. Based on an average trading volume of 220,205 shares, the days-to-cover ratio is presently 0.5 days.

WisdomTree Quantum Computing Fund Stock Performance

WisdomTree Quantum Computing Fund stock opened at $35.33 on Friday. The company’s 50-day moving average is $34.56 and its 200-day moving average is $31.30. WisdomTree Quantum Computing Fund has a fifty-two week low of $23.18 and a fifty-two week high of $41.38.

Hedge Funds Weigh In On WisdomTree Quantum Computing Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new stake in WisdomTree Quantum Computing Fund in the first quarter valued at approximately $238,000. Wealthcare Advisory Partners LLC bought a new position in shares of WisdomTree Quantum Computing Fund during the 2nd quarter worth approximately $361,000. HighTower Advisors LLC bought a new position in shares of WisdomTree Quantum Computing Fund during the 4th quarter worth approximately $477,000. Kickstand Ventures LLC. acquired a new position in shares of WisdomTree Quantum Computing Fund during the 4th quarter worth approximately $589,000. Finally, StoneX Group Inc. acquired a new position in shares of WisdomTree Quantum Computing Fund during the 4th quarter worth approximately $854,000.

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.