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

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 659,620 shares, a decline of 54.4% from the April 30th total of 1,446,706 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average daily volume of 311,028 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

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

WisdomTree Japan Hedged Equity Fund Trading Up 0.2%

Shares of NYSEARCA DXJ traded up $0.31 during mid-day trading on Friday, hitting $171.52. The company had a trading volume of 208,332 shares, compared to its average volume of 513,335. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 12.88 and a beta of 0.38. WisdomTree Japan Hedged Equity Fund has a 1 year low of $111.49 and a 1 year high of $172.29. The stock’s 50-day moving average price is $164.09 and its 200-day moving average price is $155.55.

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.