WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Significant Decline in Short Interest

by · The Cerbat Gem

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 25,221 shares, a decline of 44.0% from the June 15th total of 45,069 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 114,519 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Eastern Bank purchased a new position in WisdomTree Europe Hedged Equity Fund in the second quarter valued at about $28,000. International Assets Investment Management LLC purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund during the 4th quarter valued at about $46,000. Farther Finance Advisors LLC lifted its position in WisdomTree Europe Hedged Equity Fund by 66.3% during the 4th quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after acquiring an additional 366 shares in the last quarter. Palisade Asset Management LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the 3rd quarter worth approximately $81,000. Finally, Glenmede Investment Management LP lifted its position in WisdomTree Europe Hedged Equity Fund by 375.0% during the 3rd quarter. Glenmede Investment Management LP now owns 1,900 shares of the company’s stock worth $96,000 after acquiring an additional 1,500 shares in the last quarter.

WisdomTree Europe Hedged Equity Fund Trading Up 0.1%

HEDJ traded up $0.04 during trading on Thursday, hitting $56.58. 56,767 shares of the company’s stock were exchanged, compared to its average volume of 70,909. WisdomTree Europe Hedged Equity Fund has a 1 year low of $47.53 and a 1 year high of $58.36. The stock has a 50 day moving average price of $56.56 and a 200 day moving average price of $54.96. The firm has a market cap of $1.83 billion, a P/E ratio of 15.27 and a beta of 0.75.

About WisdomTree Europe Hedged Equity Fund

(Get Free Report)

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.

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