WisdomTree European Opportunities Fund (NYSEARCA:OPPE – Get Free Report) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 7,771 shares, a drop of 67.6% from the February 26th total of 23,989 shares. Based on an average daily volume of 117,405 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 117,405 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbour Investments Inc. bought a new stake in WisdomTree European Opportunities Fund during the 4th quarter worth about $34,000. Steward Partners Investment Advisory LLC acquired a new stake in WisdomTree European Opportunities Fund in the 4th quarter valued at about $35,000. Comerica Bank bought a new position in shares of WisdomTree European Opportunities Fund in the fourth quarter worth about $38,000. Kestra Advisory Services LLC bought a new position in shares of WisdomTree European Opportunities Fund in the fourth quarter worth about $76,000. Finally, Blair William & Co. IL acquired a new position in shares of WisdomTree European Opportunities Fund during the fourth quarter worth approximately $103,000.
WisdomTree European Opportunities Fund Stock Up 1.7%
OPPE traded up $0.87 during trading on Wednesday, hitting $52.94. The company’s stock had a trading volume of 4,789 shares, compared to its average volume of 55,874. The stock has a market capitalization of $232.91 million, a price-to-earnings ratio of 11.72 and a beta of 0.72. The firm’s 50 day moving average price is $54.12 and its two-hundred day moving average price is $51.30. WisdomTree European Opportunities Fund has a 12 month low of $37.15 and a 12 month high of $56.38.
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.
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