WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Short Interest Update

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 31,259 shares, a growth of 128.9% from the July 30th total of 13,654 shares. Approximately 4.8% of the company’s shares are sold short. Based on an average daily volume of 4,401 shares, the short-interest ratio is currently 7.1 days.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC lifted its holdings in WisdomTree New Economy Real Estate Fund by 165.4% in the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after buying an additional 29,311 shares during the period. Bank of America Corp DE grew its holdings in WisdomTree New Economy Real Estate Fund by 80.8% during the 3rd quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock worth $732,000 after acquiring an additional 14,698 shares during the period. LPL Financial LLC raised its position in shares of 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 acquiring an additional 7,142 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of WisdomTree New Economy Real Estate Fund in the 2nd quarter worth about $74,000. Finally, Western Wealth Management LLC acquired a new position in shares of WisdomTree New Economy Real Estate Fund in the 1st quarter valued at about $34,000. 59.41% of the stock is owned by institutional investors and hedge funds.

WisdomTree New Economy Real Estate Fund Trading Down 1.8%

NYSEARCA:WTRE traded down $0.43 during trading hours on Friday, hitting $23.61. 4,069 shares of the company were exchanged, compared to its average volume of 3,833. The stock has a market capitalization of $15.35 million, a price-to-earnings ratio of 1.27 and a beta of 1.07. WisdomTree New Economy Real Estate Fund has a one year low of $20.00 and a one year high of $28.95. The company has a fifty day simple moving average of $24.28 and a 200 day simple moving average of $24.24.

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.