WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Shares Shorted: Short Interest Up 59.9% in September

by · The Markets Daily

WisdomTree European Opportunities Fund (NYSEARCA:OPPE – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 19,185 shares, an increase of 59.9% from the August 31st total of 11,997 shares. Based on an average daily trading volume, of 11,540 shares, the short-interest ratio is presently 1.7 days. Currently, 0.4% of the company’s stock are short sold.

WisdomTree European Opportunities Fund Stock Performance

Shares of NYSEARCA OPPE traded down $0.73 during mid-day trading on Thursday, reaching $56.84. 14,747 shares of the company traded hands, compared to its average volume of 32,816. The company’s fifty day moving average is $59.54 and its two-hundred day moving average is $57.38. WisdomTree European Opportunities Fund has a fifty-two week low of $48.20 and a fifty-two week high of $60.56. The stock has a market cap of $284.20 million, a PE ratio of 11.72 and a beta of 0.62.

Hedge Funds Weigh In On WisdomTree European Opportunities Fund

Institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of WisdomTree European Opportunities Fund by 68.1% in the second quarter. Envestnet Asset Management Inc. now owns 8,070 shares of the company’s stock valued at $450,000 after purchasing an additional 3,268 shares during the last quarter. NewEdge Advisors LLC boosted its stake in WisdomTree European Opportunities Fund by 2.2% during the 2nd quarter. NewEdge Advisors LLC now owns 18,198 shares of the company’s stock valued at $1,016,000 after purchasing an additional 394 shares during the period. Corient Private Wealth LP boosted its stake in WisdomTree European Opportunities Fund by 1.8% during the 2nd quarter. Corient Private Wealth LP now owns 41,678 shares of the company’s stock valued at $2,326,000 after purchasing an additional 724 shares during the period. SFG Wealth Management LLC. acquired a new stake in WisdomTree European Opportunities Fund in the 2nd quarter valued at approximately $431,000. Finally, Spinnaker Investment Group LLC grew its holdings in WisdomTree European Opportunities Fund by 14.0% in the 2nd quarter. Spinnaker Investment Group LLC now owns 44,722 shares of the company’s stock valued at $2,496,000 after buying an additional 5,486 shares during the last quarter.

WisdomTree European Opportunities Fund Company Profile

(Get Free Report)

The WisdomTree Europe Hedged SmallCap Equity Fund seeks to provide exposure to small-cap European equities while hedging against fluctuations between the U.S. dollar and the euro. The fund aims to mitigate currency risk for U.S. investors investing in European small-cap companies.

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