WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Short Interest Up 44.6% in December

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 350,248 shares, an increase of 44.6% from the December 15th total of 242,166 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 282,976 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 282,976 shares, the short-interest ratio is presently 1.2 days. Approximately 1.0% of the company’s stock are sold short.

WisdomTree Japan Hedged Equity Fund Trading Up 0.1%

DXJ stock traded up $0.18 during trading on Friday, reaching $155.63. The stock had a trading volume of 520,969 shares, compared to its average volume of 797,932. The firm has a market cap of $5.83 billion, a PE ratio of 12.88 and a beta of 0.41. The stock’s 50 day moving average is $143.00 and its two-hundred day moving average is $131.78. WisdomTree Japan Hedged Equity Fund has a 52 week low of $91.58 and a 52 week high of $156.60.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DXJ. Formidable Asset Management LLC increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 7.1% in the fourth quarter. Formidable Asset Management LLC now owns 2,945 shares of the exchange traded fund’s stock valued at $425,000 after purchasing an additional 196 shares during the period. Piscataqua Savings Bank purchased a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter valued at $86,000. Bourgeon Capital Management LLC purchased a new stake in WisdomTree Japan Hedged Equity Fund during the 4th quarter valued at about $211,000. Ocean Park Asset Management LLC purchased a new position in WisdomTree Japan Hedged Equity Fund during the fourth quarter worth approximately $9,188,000. Finally, Redhawk Wealth Advisors Inc. acquired a new position in shares of WisdomTree Japan Hedged Equity Fund during the 4th quarter valued at about $3,679,000.

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.