WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Significant Growth in Short Interest

by · The Cerbat Gem

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ – Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 350,248 shares, an increase of 44.6% from the December 15th total of 242,166 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 282,976 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 282,976 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the company’s stock are sold short.

WisdomTree Japan Hedged Equity Fund Trading Up 0.1%

NYSEARCA:DXJ traded up $0.18 on Friday, hitting $155.63. 520,969 shares of the company’s stock traded hands, compared to its average volume of 797,932. The company has a market cap of $5.83 billion, a PE ratio of 12.88 and a beta of 0.41. WisdomTree Japan Hedged Equity Fund has a 1 year low of $91.58 and a 1 year high of $156.60. The firm has a 50-day moving average price of $143.00 and a 200-day moving average price of $131.65.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Formidable Asset Management LLC boosted its stake in shares of WisdomTree Japan Hedged Equity Fund by 7.1% during the 4th quarter. Formidable Asset Management LLC now owns 2,945 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 196 shares during the period. Piscataqua Savings Bank purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund during the fourth quarter worth $86,000. Bourgeon Capital Management LLC acquired a new stake in WisdomTree Japan Hedged Equity Fund during the fourth quarter valued at $211,000. Ocean Park Asset Management LLC purchased a new position in WisdomTree Japan Hedged Equity Fund in the fourth quarter valued at about $9,188,000. Finally, Redhawk Wealth Advisors Inc. acquired a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth about $3,679,000.

WisdomTree Japan Hedged Equity Fund Company Profile

(Get Free Report)

WisdomTree Japan Hedged Equity Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index (the Index). The Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the United States dollar. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.

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