WisdomTree Emerging Currency Fund (NYSEARCA:CEW) Sees Significant Decline in Short Interest

WisdomTree Emerging Currency Fund (NYSEARCA:CEW) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 9,980 shares, a drop of 21.7% from the February 26th total of 12,741 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 9,654 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of WisdomTree Emerging Currency Fund

A hedge fund recently bought a new stake in WisdomTree Emerging Currency Fund stock. 17 Capital Partners LLC purchased a new stake in shares of WisdomTree Emerging Currency Fund (NYSEARCA:CEW) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,761 shares of the company’s stock, valued at approximately $317,000. 17 Capital Partners LLC owned 2.10% of WisdomTree Emerging Currency Fund as of its most recent filing with the SEC.

WisdomTree Emerging Currency Fund Trading Down 0.2%

Shares of CEW stock opened at $18.86 on Friday. The business’s 50 day moving average price is $19.24 and its 200-day moving average price is $19.10. WisdomTree Emerging Currency Fund has a fifty-two week low of $17.06 and a fifty-two week high of $19.64.

About WisdomTree Emerging Currency Fund

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.