WisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF) Sees Large Decline in Short Interest
by Doug Wharley · The Cerbat GemWisdomTree Managed Futures Strategy Fund (NYSEARCA:WTMF – Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 12,827 shares, a decline of 68.0% from the April 30th total of 40,092 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 31,664 shares, the days-to-cover ratio is currently 0.4 days.
WisdomTree Managed Futures Strategy Fund Trading Down 0.1%
Shares of NYSEARCA:WTMF traded down $0.06 during trading on Friday, hitting $41.18. 27,919 shares of the stock were exchanged, compared to its average volume of 32,926. The company has a fifty day moving average price of $40.41 and a two-hundred day moving average price of $39.29. The company has a market cap of $226.49 million, a PE ratio of 20.76 and a beta of 0.21. WisdomTree Managed Futures Strategy Fund has a 12-month low of $34.55 and a 12-month high of $41.49.
Institutional Investors Weigh In On WisdomTree Managed Futures Strategy Fund
Several institutional investors have recently modified their holdings of WTMF. Parallel Advisors LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund in the 1st quarter valued at approximately $31,000. Aptus Capital Advisors LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund in the 4th quarter valued at approximately $57,000. Comerica Bank lifted its stake in WisdomTree Managed Futures Strategy Fund by 408.2% in the 4th quarter. Comerica Bank now owns 3,293 shares of the company’s stock valued at $125,000 after buying an additional 2,645 shares in the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in WisdomTree Managed Futures Strategy Fund in the 4th quarter valued at approximately $132,000. Finally, Team Financial Group LLC lifted its stake in WisdomTree Managed Futures Strategy Fund by 7.9% in the 4th quarter. Team Financial Group LLC now owns 4,078 shares of the company’s stock valued at $155,000 after buying an additional 300 shares in the last quarter.
About WisdomTree Managed Futures Strategy Fund
The WisdomTree Managed Futures Strategy Fund (WTMF) is an exchange-traded fund that is based on the WisdomTree Managed Futures index. The fund is actively managed to provide positive returns in rising and falling markets. The fund seeks to emulate the returns of an index that takes long and short positions in currency, commodity, and Treasury futures. WTMF was launched on Jan 5, 2011 and is managed by WisdomTree.