Short Interest Don’t Lie: Wisdomtree Investments Incorporated (NASDAQ:WETF) Has Increase in Shorts

November 23, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest Don't Lie: Wisdomtree Investments Incorporated (NASDAQ:WETF) Has Increase in Shorts

The stock of Wisdomtree Investments Incorporated (NASDAQ:WETF) registered an increase of 8.51% in short interest. WETF’s total short interest was 32.65M shares in November as published by FINRA. Its up 8.51% from 30.09 million shares, reported previously. With 2.10M shares average volume, it will take short sellers 16 days to cover their WETF’s short positions. The short interest to Wisdomtree Investments Incorporated’s float is 35.16%. About 1.74M shares traded hands. WisdomTree Investments, Inc. (NASDAQ:WETF) has declined 13.93% since April 21, 2016 and is downtrending. It has underperformed by 19.25% the S&P500.

WisdomTree Investments, Inc. is an asset management firm that focuses on exchange-traded funds . The company has a market cap of $1.53 billion. The Company’s family of ETFs includes fundamentally weighted funds that track its own indexes, funds that track third party indexes and actively managed funds. It has a 34.25 P/E ratio. The Firm operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment.

Insitutional Activity: The institutional sentiment increased to 1.3 in Q2 2016. Its up 0.35, from 0.95 in 2016Q1. The ratio increased, as 42 funds sold all WisdomTree Investments, Inc. shares owned while 63 reduced positions. 18 funds bought stakes while 82 increased positions. They now own 135.96 million shares or 4.77% more from 129.77 million shares in 2016Q1.
Commonwealth Of Pennsylvania Public School Empls Retrmt has 21,799 shares for 0% of their US portfolio. Thrivent Financial For Lutherans has invested 0.01% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). Bollard Group Inc Ltd has invested 0.07% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). The Colorado-based Alps Incorporated has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Alliancebernstein L P last reported 0.03% of its portfolio in the stock. Diam Co Limited owns 80,733 shares or 0.01% of their US portfolio. Janney Montgomery Scott, a Pennsylvania-based fund reported 18,490 shares. Private Advisor Gp Ltd last reported 0.02% of its portfolio in the stock. Bancorp Of Mellon Corporation holds 0% or 1.20 million shares in its portfolio. California State Teachers Retirement Sys accumulated 241,080 shares or 0.01% of the stock. Valley Natl Advisers last reported 0% of its portfolio in the stock. Carroll Inc holds 0.22% or 134,069 shares in its portfolio. Ww holds 0.01% or 3.40 million shares in its portfolio. Teachers accumulated 203,609 shares or 0% of the stock.

Insider Transactions: Since August 2, 2016, the stock had 3 insider buys, and 0 insider sales for $4.06 million net activity. Steinberg Jonathan L had bought 250,000 shares worth $2.54M. The insider Bossone Anthony bought $495,000.

WisdomTree Investments, Inc. (NASDAQ:WETF) Ratings Coverage

Out of 10 analysts covering WisdomTree Investments (NASDAQ:WETF), 2 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 20% are positive. WisdomTree Investments has been the topic of 25 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, January 11 by Goldman Sachs. The firm earned “Neutral” rating on Friday, January 29 by Northcoast. The rating was upgraded by Vetr on Friday, August 21 to “Buy”. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Outperform” rating given on Monday, February 8 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Thursday, August 6 by Zacks. The stock has “Sell” rating given by UBS on Wednesday, November 2. The company was downgraded on Tuesday, June 28 by Bank of America. On Thursday, September 3 the stock rating was maintained by Wood with “Market Perform”. Citigroup maintained WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Monday, October 31. Citigroup has “Sell” rating and $6.50 price target. The company was downgraded on Wednesday, August 26 by Citigroup.

WETF Company Profile

WisdomTree Investments, Inc., incorporated on September 19, 1985, is an asset management firm that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes fundamentally weighted funds that track its own indexes, funds that track third party indexes and actively managed funds. The Firm operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment.

More news for WisdomTree Investments, Inc. (NASDAQ:WETF) were recently published by: Fool.com, which released: “Why WisdomTree Investments, Inc. Dropped on Friday” on August 01, 2016. Prnewswire.com‘s article titled: “Vanare Raises $20 Million in Series A Financing; Announces Company Name Change” and published on November 18, 2016 is yet another important article.

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By Marguerite Chambers


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