Short Interest in WisdomTree Dynamic International Equity Fund (BATS:DDWM) Expands By 1,054.8%

WisdomTree Dynamic International Equity Fund (BATS:DDWM) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 160,490 shares, a growth of 1,054.8% from the April 30th total of 13,898 shares. Based on an average trading volume of 115,342 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DDWM. JPMorgan Chase & Co. boosted its stake in WisdomTree Dynamic International Equity Fund by 9.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,645 shares of the company’s stock worth $184,000 after acquiring an additional 414 shares during the last quarter. Jane Street Group LLC boosted its stake in WisdomTree Dynamic International Equity Fund by 1,036.1% during the 2nd quarter. Jane Street Group LLC now owns 372,986 shares of the company’s stock worth $14,793,000 after acquiring an additional 340,156 shares during the last quarter. Bank of America Corp DE boosted its stake in WisdomTree Dynamic International Equity Fund by 9.3% during the 2nd quarter. Bank of America Corp DE now owns 536,086 shares of the company’s stock worth $21,261,000 after acquiring an additional 45,656 shares during the last quarter. MML Investors Services LLC boosted its stake in WisdomTree Dynamic International Equity Fund by 26.4% during the 2nd quarter. MML Investors Services LLC now owns 514,170 shares of the company’s stock worth $20,392,000 after acquiring an additional 107,494 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in WisdomTree Dynamic International Equity Fund by 24.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 46,704 shares of the company’s stock worth $1,852,000 after acquiring an additional 9,050 shares during the last quarter.

WisdomTree Dynamic International Equity Fund Price Performance

WisdomTree Dynamic International Equity Fund stock opened at $46.73 on Friday. The company’s 50 day simple moving average is $45.37 and its 200 day simple moving average is $44.76. WisdomTree Dynamic International Equity Fund has a fifty-two week low of $38.85 and a fifty-two week high of $47.85. The firm has a market capitalization of $745.34 million, a price-to-earnings ratio of 13.65 and a beta of 0.59.

About WisdomTree Dynamic International Equity Fund

The WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of dividend-paying developed-market equities outside the US and Canada. The index dynamically hedges currency exposure for USD investors based on three equal-weighted signals. DDWM was launched on Jan 7, 2016 and is managed by WisdomTree.