WisdomTree International Equity Fund (NYSEARCA:DWM) Shares Shorted: Short Interest Up 166.2% in October

WisdomTree International Equity Fund (NYSEARCA:DWM) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 8,247 shares, a growth of 166.2% from the October 15th total of 3,098 shares. Based on an average daily volume of 9,015 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Valmark Advisers Inc. increased its position in shares of WisdomTree International Equity Fund by 5.4% during the third quarter. Valmark Advisers Inc. now owns 325,859 shares of the company’s stock worth $23,998,000 after acquiring an additional 16,757 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of WisdomTree International Equity Fund by 5.9% during the first quarter. Cetera Investment Advisers now owns 84,255 shares of the company’s stock worth $5,889,000 after acquiring an additional 4,731 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of WisdomTree International Equity Fund by 1.8% during the third quarter. Kestra Advisory Services LLC now owns 83,623 shares of the company’s stock worth $6,158,000 after acquiring an additional 1,501 shares during the period. Smallwood Wealth Investment Management LLC lifted its position in WisdomTree International Equity Fund by 1.5% in the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 59,874 shares of the company’s stock valued at $4,409,000 after acquiring an additional 856 shares in the last quarter. Finally, Cibc World Market Inc. lifted its position in WisdomTree International Equity Fund by 1.1% in the 3rd quarter. Cibc World Market Inc. now owns 59,346 shares of the company’s stock valued at $4,371,000 after acquiring an additional 632 shares in the last quarter. Institutional investors own 67.46% of the company’s stock.

WisdomTree International Equity Fund Stock Performance

Shares of DWM opened at $73.69 on Friday. The stock has a 50 day simple moving average of $73.86 and a 200 day simple moving average of $73.63. WisdomTree International Equity Fund has a 52-week low of $64.58 and a 52-week high of $84.37. The firm has a market capitalization of $655.84 million, a PE ratio of 16.32 and a beta of 0.68.

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.