Cybersecurity ETF WCBR Surges 39% in One Month

WisdomTree Cybersecurity Fund (WCBR) surged 22% in one month and 20% YTD after short interest collapsed 77% and JPMorgan, Citadel, and others accumulated shares. The fund trades at a P/E of 37 and trailed SPY by 23 percentage points over five years. Catalysts are largely spent.