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

WisdomTree Emerging Currency Fund (NYSEARCA:CEW) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 9,980 shares, a decrease 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 short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On WisdomTree Emerging Currency Fund

An institutional investor recently bought a new position in WisdomTree Emerging Currency Fund stock. 17 Capital Partners LLC acquired a new position in shares of WisdomTree Emerging Currency Fund (NYSEARCA:CEW) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 16,761 shares of the company’s stock, valued at approximately $317,000. 17 Capital Partners LLC owned about 2.10% of WisdomTree Emerging Currency Fund at the end of the most recent reporting period.

WisdomTree Emerging Currency Fund Stock Down 0.2%

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

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.