WisdomTree Emerging Currency Fund (NYSEARCA:CEW – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 9,286 shares, a decrease of 14.4% from the March 31st total of 10,852 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,445 shares, the days-to-cover ratio is currently 1.4 days.
Institutional Investors Weigh In On WisdomTree Emerging Currency Fund
A hedge fund recently bought a new stake in WisdomTree Emerging Currency Fund stock. Steward Partners Investment Advisory LLC bought a new stake in shares of WisdomTree Emerging Currency Fund (NYSEARCA:CEW – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 18,770 shares of the company’s stock, valued at approximately $355,000. Steward Partners Investment Advisory LLC owned about 2.35% of WisdomTree Emerging Currency Fund as of its most recent filing with the SEC.
WisdomTree Emerging Currency Fund Price Performance
NYSEARCA:CEW traded up $0.03 during trading hours on Friday, reaching $19.41. 1,450 shares of the company traded hands, compared to its average volume of 8,978. The firm’s 50-day moving average is $19.23 and its 200-day moving average is $19.17. WisdomTree Emerging Currency Fund has a 1-year low of $17.80 and a 1-year high of $20.00.
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.
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