WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Short Interest Update

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 13,421 shares, a decrease of 67.7% from the July 15th total of 41,497 shares. Based on an average daily trading volume, of 24,071 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

WisdomTree European Opportunities Fund Stock Performance

Shares of NYSEARCA OPPE traded up $0.17 during midday trading on Friday, reaching $60.50. 6,092 shares of the stock were exchanged, compared to its average volume of 35,743. The company has a 50 day simple moving average of $57.74 and a 200 day simple moving average of $56.23. The stock has a market capitalization of $296.45 million, a P/E ratio of 11.72 and a beta of 0.62. WisdomTree European Opportunities Fund has a twelve month low of $46.64 and a twelve month high of $60.56.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC lifted its stake in shares of WisdomTree European Opportunities Fund by 2.3% in the 1st quarter. Sanctuary Advisors LLC now owns 15,397 shares of the company’s stock valued at $827,000 after purchasing an additional 353 shares during the last quarter. Harbour Investments Inc. acquired a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter worth about $34,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter worth about $35,000. Comerica Bank purchased a new stake in WisdomTree European Opportunities Fund in the 4th quarter valued at about $38,000. Finally, Fifth Third Bancorp purchased a new stake in WisdomTree European Opportunities Fund in the 1st quarter valued at about $46,000.

WisdomTree European Opportunities Fund Company Profile

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.