WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Short Interest Update

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 29,896 shares, a growth of 101.6% from the March 31st total of 14,833 shares. Approximately 4.6% of the company’s stock are short sold. Based on an average daily volume of 7,212 shares, the short-interest ratio is currently 4.1 days.

WisdomTree New Economy Real Estate Fund Stock Performance

Shares of NYSEARCA WTRE traded down $0.25 during midday trading on Friday, hitting $24.67. The company’s stock had a trading volume of 1,248 shares, compared to its average volume of 4,128. WisdomTree New Economy Real Estate Fund has a 1-year low of $17.05 and a 1-year high of $25.24. The firm’s fifty day moving average price is $23.23 and its 200-day moving average price is $22.73. The firm has a market cap of $16.04 million, a P/E ratio of 1.33 and a beta of 1.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of WisdomTree New Economy Real Estate Fund in the 2nd quarter valued at about $74,000. Bank of America Corp DE boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 8.0% in the 2nd quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock valued at $354,000 after buying an additional 1,344 shares during the period. LPL Financial LLC boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 50.7% in the 4th quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock valued at $452,000 after buying an additional 7,142 shares during the period. Finally, 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 valued at $815,000 after buying an additional 29,311 shares during the period. 59.41% of the stock is owned by institutional investors and hedge funds.

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.