WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Short Interest Up 29.3% in January

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 723 shares, a growth of 29.3% from the January 15th total of 559 shares. Based on an average trading volume of 5,026 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 5,026 shares, the short-interest ratio is presently 0.1 days.

WisdomTree New Economy Real Estate Fund Stock Performance

NYSEARCA WTRE traded up $0.04 during trading on Tuesday, hitting $23.77. 4,698 shares of the company’s stock traded hands, compared to its average volume of 4,652. WisdomTree New Economy Real Estate Fund has a 12-month low of $15.31 and a 12-month high of $24.33. The stock has a market capitalization of $15.45 million, a price-to-earnings ratio of 1.28 and a beta of 0.99. The business has a 50 day moving average of $22.41 and a 200-day moving average of $21.93.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

A number of hedge funds and other institutional investors have recently modified their holdings of WTRE. Jane Street Group LLC grew its stake in shares of WisdomTree New Economy Real Estate Fund by 165.4% during the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after buying an additional 29,311 shares during the last quarter. Bank of America Corp DE lifted its stake in WisdomTree New Economy Real Estate Fund by 80.8% in the third 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 period. LPL Financial LLC boosted its stake in shares of 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 valued at $452,000 after purchasing an additional 7,142 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in WisdomTree New Economy Real Estate Fund during the second quarter valued at $74,000. 59.41% of the stock is currently owned by hedge funds and other institutional investors.

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.