WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Short Interest Down 26.1% in March

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 12,866 shares, a decline of 26.1% from the February 26th total of 17,407 shares. Based on an average daily trading volume, of 2,982 shares, the days-to-cover ratio is currently 4.3 days. Currently, 2.0% of the shares of the stock are sold short.

WisdomTree New Economy Real Estate Fund Stock Performance

Shares of WisdomTree New Economy Real Estate Fund stock opened at $20.86 on Tuesday. WisdomTree New Economy Real Estate Fund has a fifty-two week low of $15.31 and a fifty-two week high of $24.33. The company has a market capitalization of $13.56 million, a P/E ratio of 1.12 and a beta of 0.99. The company has a fifty day moving average of $22.97 and a 200 day moving average of $22.53.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Several large investors have recently made changes to their positions in WTRE. Bank of America Corp DE grew its position in shares of WisdomTree New Economy Real Estate Fund by 8.0% during the second quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock worth $354,000 after purchasing an additional 1,344 shares in the last quarter. Raymond James Financial Inc. bought a new stake in WisdomTree New Economy Real Estate Fund during the 2nd quarter valued at approximately $74,000. LPL Financial LLC lifted its holdings in WisdomTree New Economy Real Estate Fund by 50.7% in the 4th quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock worth $452,000 after purchasing an additional 7,142 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in WisdomTree New Economy Real Estate Fund by 165.4% in the 1st 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 in the last quarter. 59.41% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree New Economy Real Estate Fund Company Profile

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.