WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Short Interest Down 63.2% in February

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 23,989 shares, a decline of 63.2% from the February 12th total of 65,236 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 43,648 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 43,648 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are short sold.

WisdomTree European Opportunities Fund Price Performance

WisdomTree European Opportunities Fund stock traded down $0.48 during midday trading on Thursday, hitting $53.00. 83,347 shares of the stock were exchanged, compared to its average volume of 57,386. WisdomTree European Opportunities Fund has a 1 year low of $37.15 and a 1 year high of $56.38. The company has a 50 day moving average price of $54.08 and a two-hundred day moving average price of $50.97. The firm has a market cap of $233.20 million, a P/E ratio of 11.72 and a beta of 0.72.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

Several hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. bought a new stake in shares of WisdomTree European Opportunities Fund in the fourth quarter valued at approximately $34,000. Steward Partners Investment Advisory LLC bought a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter worth approximately $35,000. Comerica Bank bought a new position in shares of WisdomTree European Opportunities Fund in the 4th quarter valued at $38,000. Kestra Advisory Services LLC acquired a new stake in WisdomTree European Opportunities Fund during the fourth quarter worth approximately $76,000. Finally, Blair William & Co. IL purchased a new position in WisdomTree European Opportunities Fund during the fourth quarter worth about $103,000.

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.