WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Large Drop in Short Interest

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 246,592 shares, a drop of 54.4% from the February 26th total of 540,443 shares. Based on an average daily volume of 654,413 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

Several hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of WisdomTree Japan Hedged Equity Fund by 1,262.5% during the fourth quarter. JPMorgan Chase & Co. now owns 3,020,941 shares of the exchange traded fund’s stock valued at $435,499,000 after buying an additional 2,799,228 shares during the period. Bank of Montreal Can raised its holdings in shares of WisdomTree Japan Hedged Equity Fund by 24,677.4% in the third quarter. Bank of Montreal Can now owns 621,416 shares of the exchange traded fund’s stock worth $79,560,000 after buying an additional 618,908 shares during the period. Robinhood Asset Management LLC bought a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 4th quarter worth approximately $38,014,000. New England Private Wealth Advisors LLC lifted its stake in shares of WisdomTree Japan Hedged Equity Fund by 2,000.2% during the 4th quarter. New England Private Wealth Advisors LLC now owns 232,875 shares of the exchange traded fund’s stock worth $33,157,000 after acquiring an additional 221,787 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in WisdomTree Japan Hedged Equity Fund by 66.3% during the 4th quarter. Wells Fargo & Company MN now owns 364,194 shares of the exchange traded fund’s stock valued at $52,502,000 after acquiring an additional 145,236 shares during the period.

WisdomTree Japan Hedged Equity Fund Stock Down 1.8%

WisdomTree Japan Hedged Equity Fund stock traded down $2.94 during mid-day trading on Thursday, reaching $156.38. 216,492 shares of the company’s stock traded hands, compared to its average volume of 666,112. WisdomTree Japan Hedged Equity Fund has a 12-month low of $91.58 and a 12-month high of $170.55. The stock has a 50 day moving average of $159.54 and a two-hundred day moving average of $144.93. The company has a market cap of $5.94 billion, a price-to-earnings ratio of 12.88 and a beta of 0.41.

About WisdomTree Japan Hedged Equity Fund

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.