WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Sees Significant Growth in Short Interest

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 559 shares, an increase of 37.3% from the December 31st total of 407 shares. Based on an average daily volume of 3,884 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,884 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of WisdomTree New Economy Real Estate Fund

Several institutional investors have recently modified their holdings of WTRE. Jane Street Group LLC boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 165.4% in the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock worth $815,000 after acquiring an additional 29,311 shares in the last quarter. Bank of America Corp DE boosted its stake in WisdomTree New Economy Real Estate Fund by 80.8% in the third quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock worth $732,000 after purchasing an additional 14,698 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of WisdomTree New Economy Real Estate Fund during the second quarter worth $74,000. Institutional investors and hedge funds own 59.41% of the company’s stock.

WisdomTree New Economy Real Estate Fund Price Performance

Shares of NYSEARCA WTRE traded down $0.40 during mid-day trading on Friday, hitting $23.09. The company had a trading volume of 12,383 shares, compared to its average volume of 4,409. WisdomTree New Economy Real Estate Fund has a 12 month low of $15.31 and a 12 month high of $24.33. The firm has a market cap of $15.01 million, a P/E ratio of 1.24 and a beta of 0.99. The business’s 50-day simple moving average is $22.08 and its 200-day simple moving average is $21.66.

WisdomTree New Economy Real Estate Fund Company Profile

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.