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

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 1,446,706 shares, an increase of 239.1% from the April 15th total of 426,590 shares. Based on an average daily volume of 366,932 shares, the short-interest ratio is currently 3.9 days. Currently, 3.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Several large investors have recently made changes to their positions in the business. Parallel Advisors LLC boosted its position in shares of WisdomTree Japan Hedged Equity Fund by 6.3% during the 4th quarter. Parallel Advisors LLC now owns 1,120 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 66 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 1.7% in the first quarter. Brown Lisle Cummings Inc. now owns 4,722 shares of the exchange traded fund’s stock worth $749,000 after buying an additional 79 shares during the period. K2 Financial Inc. boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 2.3% in the first quarter. K2 Financial Inc. now owns 3,695 shares of the exchange traded fund’s stock worth $597,000 after buying an additional 83 shares during the period. Oxinas Partners LLC boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 1.0% in the fourth quarter. Oxinas Partners LLC now owns 10,146 shares of the exchange traded fund’s stock worth $1,463,000 after buying an additional 98 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 16.2% in the third quarter. Allworth Financial LP now owns 725 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 101 shares during the period.

WisdomTree Japan Hedged Equity Fund Stock Performance

Shares of NYSEARCA:DXJ traded down $1.23 during trading hours on Friday, hitting $170.58. 283,697 shares of the company’s stock traded hands, compared to its average volume of 541,129. WisdomTree Japan Hedged Equity Fund has a 52 week low of $109.52 and a 52 week high of $172.29. The company’s fifty day simple moving average is $161.64 and its two-hundred day simple moving average is $153.10. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 12.88 and a beta of 0.38.

WisdomTree Japan Hedged Equity Fund Company Profile

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.