WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Significant Growth in Short Interest

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,446,706 shares, an increase of 239.1% from the April 15th total of 426,590 shares. Approximately 3.8% of the shares of the company are short sold. Based on an average daily trading volume, of 366,932 shares, the short-interest ratio is currently 3.9 days.

WisdomTree Japan Hedged Equity Fund Price Performance

Shares of DXJ traded up $0.29 on Thursday, reaching $171.81. 261,623 shares of the stock traded hands, compared to its average volume of 543,927. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 12.88 and a beta of 0.38. WisdomTree Japan Hedged Equity Fund has a 12 month low of $109.52 and a 12 month high of $172.29. The stock’s 50-day moving average price is $161.47 and its 200-day moving average price is $152.98.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC boosted its stake in 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 worth $162,000 after purchasing an additional 66 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in 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 worth $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% in the first quarter. K2 Financial Inc. now owns 3,695 shares of the exchange traded fund’s stock worth $597,000 after purchasing an additional 83 shares in the last quarter. Oxinas Partners LLC boosted its stake in WisdomTree Japan Hedged Equity Fund by 1.0% in the fourth quarter. Oxinas Partners LLC now owns 10,146 shares of the exchange traded fund’s stock worth $1,463,000 after purchasing an additional 98 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in WisdomTree Japan Hedged Equity Fund by 16.2% in the third quarter. Allworth Financial LP now owns 725 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 101 shares in the last quarter.

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.