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 increase in short interest in August. As of August 14th, there was short interest totaling 31,259 shares, an increase of 128.9% from the July 30th total of 13,654 shares. Approximately 4.8% of the shares of the stock are sold short. Based on an average daily volume of 4,401 shares, the days-to-cover ratio is presently 7.1 days.

WisdomTree New Economy Real Estate Fund Trading Down 1.8%

NYSEARCA:WTRE traded down $0.43 on Friday, hitting $23.61. The company had a trading volume of 4,069 shares, compared to its average volume of 3,833. WisdomTree New Economy Real Estate Fund has a 52 week low of $20.00 and a 52 week high of $28.95. The stock has a market capitalization of $15.35 million, a price-to-earnings ratio of 1.27 and a beta of 1.07. The firm has a 50 day moving average of $24.28 and a two-hundred day moving average of $24.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in shares of WisdomTree New Economy Real Estate Fund during the 1st quarter valued at $34,000. LPL Financial LLC grew its position in WisdomTree New Economy Real Estate Fund by 50.7% during 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 during the last quarter. Bank of America Corp DE grew its position 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 last quarter. Raymond James Financial Inc. acquired a new position in WisdomTree New Economy Real Estate Fund in the 2nd quarter worth about $74,000. Finally, Jane Street Group LLC increased 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 institutional investors and hedge funds.

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.