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

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

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Several large investors have recently added to or reduced their stakes in DXJ. JPMorgan Chase & Co. boosted its stake in WisdomTree Japan Hedged Equity Fund by 1,262.5% during the fourth quarter. JPMorgan Chase & Co. now owns 3,020,941 shares of the exchange traded fund’s stock valued at $435,499,000 after buying an additional 2,799,228 shares during the period. Bank of Montreal Can boosted its stake in WisdomTree Japan Hedged Equity Fund by 24,677.4% during the third quarter. Bank of Montreal Can now owns 621,416 shares of the exchange traded fund’s stock valued at $79,560,000 after buying an additional 618,908 shares during the period. Assetmark Inc. boosted its stake in WisdomTree Japan Hedged Equity Fund by 5,308.9% during the first quarter. Assetmark Inc. now owns 507,304 shares of the exchange traded fund’s stock valued at $80,448,000 after buying an additional 497,925 shares during the period. Robinhood Asset Management LLC bought a new stake in WisdomTree Japan Hedged Equity Fund during the fourth quarter valued at $38,014,000. Finally, New England Private Wealth Advisors LLC boosted its stake in WisdomTree Japan Hedged Equity Fund by 2,000.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 232,875 shares of the exchange traded fund’s stock valued at $33,157,000 after buying an additional 221,787 shares during the period.

WisdomTree Japan Hedged Equity Fund Stock Up 0.2%

NYSEARCA:DXJ traded up $0.31 during trading hours on Friday, hitting $171.52. 208,332 shares of the company’s stock traded hands, compared to its average volume of 513,335. The firm has a market cap of $6.53 billion, a P/E ratio of 12.88 and a beta of 0.38. WisdomTree Japan Hedged Equity Fund has a 52 week low of $111.49 and a 52 week high of $172.29. The business’s fifty day simple moving average is $164.09 and its two-hundred day simple moving average 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.