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

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 724,950 shares, an increase of 199.6% from the September 30th total of 241,994 shares. Based on an average daily volume of 828,254 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the company’s stock are sold short.

WisdomTree Japan Hedged Equity Fund Trading Up 0.0%

WisdomTree Japan Hedged Equity Fund stock opened at $59.47 on Thursday. WisdomTree Japan Hedged Equity Fund has a 1-year low of $44.75 and a 1-year high of $61.55. The firm’s fifty day simple moving average is $59.71 and its 200-day simple moving average is $56.58. The company has a market capitalization of $7.12 billion, a P/E ratio of 12.88 and a beta of 0.42.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund in the third quarter worth $3,365,000. Global View Capital Management LLC increased its position in shares of WisdomTree Japan Hedged Equity Fund by 5.8% during the third quarter. Global View Capital Management LLC now owns 18,679 shares of the exchange traded fund’s stock valued at $3,372,000 after purchasing an additional 1,016 shares during the period. Auour Investments LLC lifted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 13.1% during the 3rd quarter. Auour Investments LLC now owns 3,269 shares of the exchange traded fund’s stock worth $590,000 after acquiring an additional 378 shares during the period. Oppenheimer & Co. Inc. increased its stake in WisdomTree Japan Hedged Equity Fund by 168.4% in the third quarter. Oppenheimer & Co. Inc. now owns 12,085 shares of the exchange traded fund’s stock valued at $2,182,000 after acquiring an additional 7,582 shares during the period. Finally, Park Avenue Securities LLC raised its position in WisdomTree Japan Hedged Equity Fund by 17.8% in the third quarter. Park Avenue Securities LLC now owns 10,588 shares of the exchange traded fund’s stock worth $1,912,000 after purchasing an additional 1,603 shares in the last quarter.

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.