WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Significant Growth in Short Interest

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,446,706 shares, an increase of 239.1% from the April 15th total of 426,590 shares. Currently, 3.8% of the shares of the stock are sold short. Based on an average daily volume of 366,932 shares, the days-to-cover ratio is currently 3.9 days.

WisdomTree Japan Hedged Equity Fund Trading Up 0.2%

Shares of DXJ traded up $0.29 during trading hours on Thursday, hitting $171.81. 261,623 shares of the stock traded hands, compared to its average volume of 543,927. WisdomTree Japan Hedged Equity Fund has a 1-year low of $109.52 and a 1-year high of $172.29. The firm has a market capitalization of $6.55 billion, a PE ratio of 12.88 and a beta of 0.38. The business has a fifty day moving average of $161.47 and a 200-day moving average of $152.98.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Several large investors have recently made changes to their positions in the company. Bank of Nova Scotia lifted its stake in shares of WisdomTree Japan Hedged Equity Fund by 52.9% during the first quarter. Bank of Nova Scotia now owns 65,605 shares of the exchange traded fund’s stock valued at $10,404,000 after acquiring an additional 22,685 shares during the period. Cetera Investment Advisers lifted its stake in shares of WisdomTree Japan Hedged Equity Fund by 31.7% during the first quarter. Cetera Investment Advisers now owns 43,255 shares of the exchange traded fund’s stock valued at $6,859,000 after acquiring an additional 10,416 shares during the period. Envision Financial Transparency LLC acquired a new position in shares of WisdomTree Japan Hedged Equity Fund during the first quarter valued at $232,000. Parker Investment Management LLC acquired a new position in shares of WisdomTree Japan Hedged Equity Fund during the first quarter valued at $349,000. Finally, Barometer Capital Management Inc. acquired a new position in shares of WisdomTree Japan Hedged Equity Fund during the first quarter valued at $603,000.

WisdomTree Japan Hedged Equity Fund Company Profile

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.