WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Sees Large Increase in Short Interest

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 7,741 shares, an increase of 970.7% from the January 29th total of 723 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 5,198 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 5,198 shares, the short-interest ratio is currently 1.5 days. Currently, 1.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in WisdomTree New Economy Real Estate Fund by 50.7% during the 4th quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock worth $452,000 after acquiring an additional 7,142 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 80.8% during 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 during the last quarter. Raymond James Financial Inc. purchased a new position in shares of WisdomTree New Economy Real Estate Fund in the 2nd quarter worth $74,000. Finally, Jane Street Group LLC lifted its position in WisdomTree New Economy Real Estate Fund by 165.4% during the first 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 in the last quarter. 59.41% of the stock is owned by institutional investors and hedge funds.

WisdomTree New Economy Real Estate Fund Price Performance

NYSEARCA:WTRE traded up $0.04 during mid-day trading on Thursday, hitting $23.81. The company’s stock had a trading volume of 4,821 shares, compared to its average volume of 4,695. The business’s fifty day moving average is $22.70 and its two-hundred day moving average is $22.12. The stock has a market cap of $15.48 million, a price-to-earnings ratio of 1.28 and a beta of 0.99. WisdomTree New Economy Real Estate Fund has a 1 year low of $15.31 and a 1 year high of $24.33.

About WisdomTree New Economy Real Estate Fund

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.