WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Short Interest Down 58.5% in May

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

WisdomTree Japan Hedged Equity Fund Price Performance

Shares of NYSEARCA DXJ traded up $1.25 during mid-day trading on Friday, reaching $171.17. The company’s stock had a trading volume of 158,632 shares, compared to its average volume of 498,810. WisdomTree Japan Hedged Equity Fund has a 52 week low of $111.49 and a 52 week high of $174.00. The stock has a fifty day moving average of $166.88 and a two-hundred day moving average of $158.02. The firm has a market capitalization of $6.52 billion, a PE ratio of 12.88 and a beta of 0.39.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Greykasell Wealth Strategies Inc. purchased a new position in WisdomTree Japan Hedged Equity Fund during the fourth quarter valued at $26,000. Darwin Wealth Management LLC purchased a new stake in WisdomTree Japan Hedged Equity Fund in the 2nd quarter worth $29,000. Garton & Associates Financial Advisors LLC purchased a new stake in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth $30,000. Howe & Rusling Inc. bought a new position in shares of WisdomTree Japan Hedged Equity Fund during the 4th quarter valued at about $36,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of WisdomTree Japan Hedged Equity Fund in the fourth quarter worth about $39,000.

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.