WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Sees Significant Decrease in Short Interest

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 56,224 shares, a decrease of 51.3% from the January 15th total of 115,384 shares. Based on an average trading volume of 37,090 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.3% of the company’s shares are sold short. Approximately 1.3% of the company’s shares are sold short. Based on an average trading volume of 37,090 shares, the days-to-cover ratio is presently 1.5 days.

WisdomTree European Opportunities Fund Trading Down 0.5%

WisdomTree European Opportunities Fund stock traded down $0.30 during trading on Friday, hitting $54.60. The company had a trading volume of 52,237 shares, compared to its average volume of 47,165. WisdomTree European Opportunities Fund has a 1-year low of $37.15 and a 1-year high of $55.96. The company’s 50 day simple moving average is $52.62 and its 200-day simple moving average is $50.06. The stock has a market cap of $240.24 million, a price-to-earnings ratio of 11.72 and a beta of 0.72.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of OPPE. Harbour Investments Inc. purchased a new stake in shares of WisdomTree European Opportunities Fund in the 4th quarter valued at $34,000. Steward Partners Investment Advisory LLC acquired a new position in WisdomTree European Opportunities Fund in the 4th quarter valued at about $35,000. Comerica Bank acquired a new position in WisdomTree European Opportunities Fund in the 4th quarter valued at about $38,000. Kestra Advisory Services LLC purchased a new stake in WisdomTree European Opportunities Fund during the fourth quarter worth about $76,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of WisdomTree European Opportunities Fund during the fourth quarter worth about $124,000.

About WisdomTree European Opportunities Fund

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.