WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Large Increase in Short Interest

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,820,000 shares, a growth of 51.7% from the September 30th total of 1,200,000 shares. Approximately 5.6% of the shares of the company are sold short. Based on an average trading volume of 401,800 shares, the days-to-cover ratio is presently 4.5 days. Based on an average trading volume of 401,800 shares, the days-to-cover ratio is presently 4.5 days. Approximately 5.6% of the shares of the company are sold short.

WisdomTree Japan Hedged Equity Fund Price Performance

Shares of DXJ stock traded down $0.55 during trading hours on Tuesday, hitting $135.05. The stock had a trading volume of 432,267 shares, compared to its average volume of 454,250. The firm has a market capitalization of $4.42 billion, a PE ratio of 12.88 and a beta of 0.41. WisdomTree Japan Hedged Equity Fund has a twelve month low of $91.58 and a twelve month high of $136.60. The stock’s 50 day moving average is $129.99 and its 200 day moving average is $120.09.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Several large investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans raised its stake in shares of WisdomTree Japan Hedged Equity Fund by 132.6% during the third quarter. Thrivent Financial for Lutherans now owns 8,883 shares of the exchange traded fund’s stock worth $1,137,000 after purchasing an additional 5,064 shares during the last quarter. Fidelis Capital Partners LLC raised its stake in shares of WisdomTree Japan Hedged Equity Fund by 2.8% during the third quarter. Fidelis Capital Partners LLC now owns 7,172 shares of the exchange traded fund’s stock worth $918,000 after purchasing an additional 195 shares during the last quarter. Truist Financial Corp raised its stake in shares of WisdomTree Japan Hedged Equity Fund by 23.8% during the third quarter. Truist Financial Corp now owns 29,479 shares of the exchange traded fund’s stock worth $3,774,000 after purchasing an additional 5,666 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund during the third quarter worth approximately $1,019,000. Finally, OneAscent Financial Services LLC purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund during the third quarter worth approximately $2,349,000.

WisdomTree Japan Hedged Equity Fund Company Profile

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.