WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Large Growth in Short Interest

WisdomTree International Equity Fund (NYSEARCA:DWM) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 12,031 shares, an increase of 19.0% from the February 12th total of 10,109 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 14,331 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 14,331 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. NBC Securities Inc. lifted its stake in WisdomTree International Equity Fund by 5.8% in the 4th quarter. NBC Securities Inc. now owns 2,975 shares of the company’s stock valued at $205,000 after purchasing an additional 164 shares during the last quarter. Merit Financial Group LLC increased its position in WisdomTree International Equity Fund by 0.5% during the fourth quarter. Merit Financial Group LLC now owns 47,431 shares of the company’s stock worth $3,261,000 after buying an additional 222 shares during the last quarter. Valmark Advisers Inc. increased its position in WisdomTree International Equity Fund by 0.8% during the fourth quarter. Valmark Advisers Inc. now owns 307,500 shares of the company’s stock worth $21,144,000 after buying an additional 2,531 shares during the last quarter. NewSquare Capital LLC raised its stake in WisdomTree International Equity Fund by 1.0% in the third quarter. NewSquare Capital LLC now owns 66,955 shares of the company’s stock valued at $4,434,000 after buying an additional 631 shares during the period. Finally, Cibc World Market Inc. raised its stake in WisdomTree International Equity Fund by 5.0% in the third quarter. Cibc World Market Inc. now owns 51,015 shares of the company’s stock valued at $3,378,000 after buying an additional 2,452 shares during the period. Institutional investors own 67.46% of the company’s stock.

WisdomTree International Equity Fund Trading Up 0.3%

Shares of NYSEARCA:DWM traded up $0.21 during trading on Tuesday, hitting $70.79. 5,462 shares of the company were exchanged, compared to its average volume of 18,241. WisdomTree International Equity Fund has a fifty-two week low of $51.73 and a fifty-two week high of $76.34. The stock has a market cap of $651.22 million, a price-to-earnings ratio of 13.53 and a beta of 0.71. The firm has a fifty day moving average price of $72.46 and a two-hundred day moving average price of $68.90.

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.