WisdomTree International Equity Fund (NYSEARCA:DWM) Short Interest Up 138.4% in July

WisdomTree International Equity Fund (NYSEARCA:DWM) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 37,514 shares, an increase of 138.4% from the July 15th total of 15,738 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 14,007 shares, the days-to-cover ratio is presently 2.7 days.

WisdomTree International Equity Fund Stock Down 0.1%

Shares of NYSEARCA:DWM traded down $0.04 on Friday, hitting $76.67. The company had a trading volume of 4,519 shares, compared to its average volume of 14,363. The firm’s 50-day simple moving average is $74.21 and its two-hundred day simple moving average is $73.27. WisdomTree International Equity Fund has a 1 year low of $64.55 and a 1 year high of $84.37. The firm has a market capitalization of $693.86 million, a price-to-earnings ratio of 13.53 and a beta of 0.66.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DWM. Global Retirement Partners LLC purchased a new position in WisdomTree International Equity Fund during the 2nd quarter valued at about $392,000. HighTower Advisors LLC boosted its stake in WisdomTree International Equity Fund by 9.3% during the 2nd quarter. HighTower Advisors LLC now owns 14,088 shares of the company’s stock valued at $1,031,000 after purchasing an additional 1,200 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in WisdomTree International Equity Fund by 2.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 31,153 shares of the company’s stock valued at $2,281,000 after acquiring an additional 799 shares during the period. NewEdge Advisors LLC lifted its position in WisdomTree International Equity Fund by 8.7% during the first quarter. NewEdge Advisors LLC now owns 5,569 shares of the company’s stock valued at $389,000 after purchasing an additional 445 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of WisdomTree International Equity Fund by 0.8% during the 1st quarter. Royal Bank of Canada now owns 17,177 shares of the company’s stock valued at $1,200,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 67.46% of the company’s stock.

About WisdomTree International Equity Fund

The WisdomTree International Equity Fund (DWM) is an exchange-traded fund that is based on the WisdomTree International Equity index. The fund tracks a dividend-weighted index of dividend-paying companies in developed markets excluding Canada and the US. DWM was launched on Jun 16, 2006 and is managed by WisdomTree.