WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Short Interest Rises 199.6%

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 724,950 shares, an increase of 199.6% from the September 30th total of 241,994 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 828,254 shares, the days-to-cover ratio is currently 0.9 days.

WisdomTree Japan Hedged Equity Fund Stock Performance

Shares of WisdomTree Japan Hedged Equity Fund stock traded down $1.20 on Friday, reaching $58.39. 1,052,421 shares of the stock were exchanged, compared to its average volume of 1,191,799. The firm has a market cap of $6.99 billion, a PE ratio of 12.88 and a beta of 0.42. The firm’s 50 day moving average is $59.73 and its 200-day moving average is $56.63. WisdomTree Japan Hedged Equity Fund has a one year low of $44.75 and a one year high of $61.55.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Provenance Wealth Advisors LLC purchased a new position in WisdomTree Japan Hedged Equity Fund in the 3rd quarter worth approximately $36,000. Dala Group LLC increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 11.3% in the 3rd quarter. Dala Group LLC now owns 12,407 shares of the exchange traded fund’s stock worth $2,240,000 after buying an additional 1,263 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 3rd quarter valued at $3,365,000. Global View Capital Management LLC raised its position in shares of WisdomTree Japan Hedged Equity Fund by 5.8% during the 3rd quarter. Global View Capital Management LLC now owns 18,679 shares of the exchange traded fund’s stock valued at $3,372,000 after buying an additional 1,016 shares in the last quarter. Finally, Auour Investments LLC lifted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 13.1% during the 3rd quarter. Auour Investments LLC now owns 3,269 shares of the exchange traded fund’s stock worth $590,000 after acquiring an additional 378 shares during the last quarter.

About WisdomTree Japan Hedged Equity Fund

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.