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

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 723 shares, a growth of 29.3% from the January 15th total of 559 shares. Based on an average daily volume of 5,026 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,026 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree New Economy Real Estate Fund Stock Performance

Shares of WTRE opened at $23.73 on Monday. The firm has a market cap of $15.42 million, a P/E ratio of 1.28 and a beta of 0.99. WisdomTree New Economy Real Estate Fund has a twelve month low of $15.31 and a twelve month high of $24.33. The firm’s 50 day moving average price is $22.37 and its two-hundred day moving average price is $21.90.

Institutional Trading of WisdomTree New Economy Real Estate Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of WisdomTree New Economy Real Estate Fund by 50.7% in the fourth quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock valued at $452,000 after purchasing an additional 7,142 shares in the last quarter. Bank of America Corp DE raised its position 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 during the last quarter. Raymond James Financial Inc. bought a new stake in WisdomTree New Economy Real Estate Fund in the 2nd quarter valued at approximately $74,000. Finally, Jane Street Group LLC lifted its stake 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 valued at $815,000 after acquiring an additional 29,311 shares in the last quarter. Institutional investors and hedge funds own 59.41% of the company’s stock.

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.