Short Interest in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Declines By 47.7%

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 407 shares, a drop of 47.7% from the December 15th total of 778 shares. Based on an average daily volume of 2,898 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,898 shares, the short-interest ratio is presently 0.1 days.

WisdomTree New Economy Real Estate Fund Trading Up 2.3%

NYSEARCA:WTRE traded up $0.54 on Friday, hitting $23.53. The company had a trading volume of 9,803 shares, compared to its average volume of 4,373. The firm has a 50 day moving average of $21.76 and a two-hundred day moving average of $21.40. The stock has a market capitalization of $15.29 million, a price-to-earnings ratio of 1.27 and a beta of 0.99. WisdomTree New Economy Real Estate Fund has a 52 week low of $15.31 and a 52 week high of $24.33.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

A number of hedge funds have recently made changes to their positions in WTRE. Jane Street Group LLC increased its position in WisdomTree New Economy Real Estate Fund by 165.4% during the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after purchasing an additional 29,311 shares during the period. Bank of America Corp DE boosted its stake in shares of WisdomTree New Economy Real Estate Fund by 80.8% in the 3rd quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock valued at $732,000 after purchasing an additional 14,698 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of WisdomTree New Economy Real Estate Fund in the 2nd quarter valued at $74,000. 59.41% of the stock is currently owned by 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.