WisdomTree Emerging Currency Fund (NYSEARCA:CEW) Short Interest Up 23.4% in January

WisdomTree Emerging Currency Fund (NYSEARCA:CEW) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 13,446 shares, a growth of 23.4% from the January 15th total of 10,894 shares. Based on an average daily trading volume, of 14,775 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.7% of the company’s shares are sold short. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 14,775 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of WisdomTree Emerging Currency Fund

A hedge fund recently bought a new stake in WisdomTree Emerging Currency Fund stock. Steward Partners Investment Advisory LLC purchased a new stake in shares of WisdomTree Emerging Currency Fund (NYSEARCA:CEW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,770 shares of the company’s stock, valued at approximately $355,000. Steward Partners Investment Advisory LLC owned approximately 2.35% of WisdomTree Emerging Currency Fund at the end of the most recent quarter.

WisdomTree Emerging Currency Fund Stock Performance

CEW stock opened at $19.48 on Tuesday. WisdomTree Emerging Currency Fund has a 52-week low of $17.06 and a 52-week high of $19.64. The company’s 50 day simple moving average is $19.21 and its 200-day simple moving average is $18.99.

WisdomTree Emerging Currency Fund Company Profile

WisdomTree Emerging Currency Fund, formerly WisdomTree Dreyfus Emerging Currency Fund, seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the United States dollar. The Fund seeks to achieve its investment objective by investing in short-term securities and instruments designed to provide exposure to the currencies and money market rates of selected emerging market countries.