Short Interest in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Declines By 47.7%

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 407 shares, a decline of 47.7% from the December 15th total of 778 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,898 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,898 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of WisdomTree New Economy Real Estate Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its holdings in WisdomTree New Economy Real Estate Fund by 165.4% during the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock worth $815,000 after purchasing an additional 29,311 shares during the last quarter. Bank of America Corp DE grew its stake in WisdomTree New Economy Real Estate Fund by 80.8% in the 3rd quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock valued at $732,000 after buying an additional 14,698 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of WisdomTree New Economy Real Estate Fund during the 2nd quarter valued at $74,000. Institutional investors own 59.41% of the company’s stock.

WisdomTree New Economy Real Estate Fund Stock Up 0.7%

Shares of WTRE stock traded up $0.16 during trading hours on Thursday, hitting $22.99. 734 shares of the company’s stock traded hands, compared to its average volume of 3,833. The stock’s 50 day simple moving average is $21.74 and its 200 day simple moving average is $21.37. WisdomTree New Economy Real Estate Fund has a 12 month low of $15.31 and a 12 month high of $24.33. The stock has a market cap of $14.94 million, a PE ratio of 1.24 and a beta of 0.99.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.