WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Short Interest Up 124.9% in February

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 17,407 shares, an increase of 124.9% from the February 12th total of 7,741 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average trading volume of 4,885 shares, the days-to-cover ratio is currently 3.6 days. Based on an average trading volume of 4,885 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.7% of the shares of the stock are short sold.

Institutional Trading of WisdomTree New Economy Real Estate Fund

A number of hedge funds have recently added to or reduced their stakes in WTRE. Jane Street Group LLC increased its holdings in shares of 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 worth $815,000 after buying an additional 29,311 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of WisdomTree New Economy Real Estate Fund by 80.8% in the 3rd quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock valued at $732,000 after acquiring an additional 14,698 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of 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 valued at $452,000 after acquiring an additional 7,142 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in WisdomTree New Economy Real Estate Fund during the 2nd quarter worth $74,000. Institutional investors and hedge funds own 59.41% of the company’s stock.

WisdomTree New Economy Real Estate Fund Trading Down 0.1%

WTRE opened at $22.42 on Friday. The company’s 50 day moving average is $23.10 and its 200-day moving average is $22.39. WisdomTree New Economy Real Estate Fund has a 1-year low of $15.31 and a 1-year high of $24.33. The company has a market cap of $14.57 million, a P/E ratio of 1.21 and a beta of 0.99.

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.