Short Interest in WisdomTree International Equity Fund (NYSEARCA:DWM) Declines By 40.5%

WisdomTree International Equity Fund (NYSEARCA:DWM) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 22,319 shares, a decrease of 40.5% from the July 30th total of 37,514 shares. Based on an average daily trading volume, of 7,196 shares, the days-to-cover ratio is presently 3.1 days. Currently, 0.2% of the company’s shares are short sold.

WisdomTree International Equity Fund Trading Down 0.8%

NYSEARCA:DWM traded down $0.58 during mid-day trading on Tuesday, hitting $75.53. 6,477 shares of the company’s stock were exchanged, compared to its average volume of 14,293. WisdomTree International Equity Fund has a fifty-two week low of $64.55 and a fifty-two week high of $84.37. The firm has a market capitalization of $683.55 million, a P/E ratio of 13.53 and a beta of 0.66. The company has a 50 day simple moving average of $74.82 and a 200-day simple moving average of $73.57.

Hedge Funds Weigh In On WisdomTree International Equity Fund

A number of hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC increased its position in WisdomTree International Equity Fund by 9.3% during the 2nd quarter. HighTower Advisors LLC now owns 14,088 shares of the company’s stock valued at $1,031,000 after purchasing an additional 1,200 shares during the period. Smallwood Wealth Investment Management LLC increased its position in shares of WisdomTree International Equity Fund by 2.4% during the second quarter. Smallwood Wealth Investment Management LLC now owns 59,018 shares of the company’s stock worth $4,321,000 after buying an additional 1,409 shares during the period. JNBA Financial Advisors bought a new position in WisdomTree International Equity Fund during the second quarter worth $357,000. Camelot Portfolios LLC acquired a new position in WisdomTree International Equity Fund in the second quarter valued at $343,000. Finally, Susquehanna International Group LLP bought a new stake in WisdomTree International Equity Fund during the second quarter valued at $424,000. 67.46% of the stock is currently owned by institutional investors.

WisdomTree International Equity Fund Company Profile

The WisdomTree International Equity Fund (DWM) is an exchange-traded fund that is based on the WisdomTree International Equity index. The fund tracks a dividend-weighted index of dividend-paying companies in developed markets excluding Canada and the US. DWM was launched on Jun 16, 2006 and is managed by WisdomTree.