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

WisdomTree Emerging Currency Fund (NYSEARCA:CEW) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 24,049 shares, an increase of 146.5% from the July 15th total of 9,758 shares. Based on an average daily trading volume, of 14,035 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.7% of the shares of the company are sold short.

WisdomTree Emerging Currency Fund Trading Down 0.1%

Shares of WisdomTree Emerging Currency Fund stock traded down $0.01 during midday trading on Friday, hitting $19.79. The company had a trading volume of 1,369 shares, compared to its average volume of 6,985. The business’s 50 day simple moving average is $19.48 and its two-hundred day simple moving average is $19.37. WisdomTree Emerging Currency Fund has a 1-year low of $17.80 and a 1-year high of $20.56.

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 acquired a new stake in shares of WisdomTree Emerging Currency Fund (NYSEARCA:CEW) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 Securities & Exchange Commission.

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.