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

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 273,904 shares, a drop of 58.5% from the May 14th total of 659,620 shares. Based on an average trading volume of 226,188 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.7% of the shares of the stock are short sold.

WisdomTree Japan Hedged Equity Fund Stock Up 1.9%

NYSEARCA DXJ opened at $169.92 on Friday. WisdomTree Japan Hedged Equity Fund has a twelve month low of $111.49 and a twelve month high of $174.00. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 12.88 and a beta of 0.39. The business’s fifty day moving average is $166.70 and its 200 day moving average is $157.78.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Several hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 1,262.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,020,941 shares of the exchange traded fund’s stock valued at $435,499,000 after acquiring an additional 2,799,228 shares in the last quarter. Morgan Stanley boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 3.2% during the 4th quarter. Morgan Stanley now owns 2,301,707 shares of the exchange traded fund’s stock valued at $331,814,000 after acquiring an additional 71,683 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 10.7% during the 1st quarter. Bank of America Corp DE now owns 1,436,453 shares of the exchange traded fund’s stock valued at $227,793,000 after acquiring an additional 139,317 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 24,677.4% during the 3rd quarter. Bank of Montreal Can now owns 621,416 shares of the exchange traded fund’s stock valued at $79,560,000 after acquiring an additional 618,908 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 5,308.9% during the 1st quarter. Assetmark Inc. now owns 507,304 shares of the exchange traded fund’s stock valued at $80,448,000 after acquiring an additional 497,925 shares in the last quarter.

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.