WisdomTree Dynamic International Equity Fund (BATS:DDWM) Sees Large Increase in Short Interest

WisdomTree Dynamic International Equity Fund (BATS:DDWM) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 160,490 shares, an increase of 1,054.8% from the April 30th total of 13,898 shares. Based on an average daily volume of 115,342 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On WisdomTree Dynamic International Equity Fund

A number of hedge funds have recently made changes to their positions in the company. Wellington Grp LLC purchased a new position in shares of WisdomTree Dynamic International Equity Fund in the first quarter valued at approximately $26,000. Nvwm LLC raised its stake in WisdomTree Dynamic International Equity Fund by 10,000.0% in the 4th quarter. Nvwm LLC now owns 1,010 shares of the company’s stock valued at $44,000 after purchasing an additional 1,000 shares during the last quarter. US Bancorp DE purchased a new position in WisdomTree Dynamic International Equity Fund in the 3rd quarter valued at $47,000. Caldwell Trust Co acquired a new stake in WisdomTree Dynamic International Equity Fund during the 4th quarter worth $57,000. Finally, Aptus Capital Advisors LLC acquired a new stake in WisdomTree Dynamic International Equity Fund during the 4th quarter worth $62,000.

WisdomTree Dynamic International Equity Fund Stock Performance

Shares of DDWM traded down $0.05 during mid-day trading on Wednesday, hitting $46.81. 94,489 shares of the company were exchanged, compared to its average volume of 152,460. WisdomTree Dynamic International Equity Fund has a 1-year low of $38.85 and a 1-year high of $47.85. The company has a 50 day moving average of $45.28 and a 200-day moving average of $44.69. The stock has a market cap of $746.62 million, a price-to-earnings ratio of 13.65 and a beta of 0.59.

About WisdomTree Dynamic International Equity Fund

The WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of dividend-paying developed-market equities outside the US and Canada. The index dynamically hedges currency exposure for USD investors based on three equal-weighted signals. DDWM was launched on Jan 7, 2016 and is managed by WisdomTree.