WisdomTree Emerging Currency Fund (NYSEARCA:CEW) Sees Significant Decline in Short Interest

WisdomTree Emerging Currency Fund (NYSEARCA:CEW – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 23,851 shares, a drop of 35.1% from the September 15th total of 36,725 shares. Based on an average daily trading volume, of 3,369 shares, the short-interest ratio is currently 7.1 days. Currently, 2.4% of the shares of the stock are short sold.

WisdomTree Emerging Currency Fund Stock Performance

Shares of NYSEARCA:CEW traded down $0.04 on Friday, reaching $19.69. The company’s stock had a trading volume of 669 shares, compared to its average volume of 6,244. WisdomTree Emerging Currency Fund has a 52-week low of $17.80 and a 52-week high of $20.56. The company has a 50-day simple moving average of $19.80 and a 200 day simple moving average of $19.55.

About WisdomTree Emerging Currency Fund

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WisdomTree Emerging Currency Fund, formerly WisdomTree Dreyfus Emerging Currency Fund, seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the United States dollar. The Fund seeks to achieve its investment objective by investing in short-term securities and instruments designed to provide exposure to the currencies and money market rates of selected emerging market countries.

Further Reading

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