Short Interest in WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Decreases By 51.3%

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

WisdomTree European Opportunities Fund Trading Down 0.5%

Shares of NYSEARCA:OPPE traded down $0.30 during trading on Friday, reaching $54.60. 52,237 shares of the stock were exchanged, compared to its average volume of 47,165. The stock has a 50-day moving average price of $52.62 and a 200-day moving average price of $50.06. The firm has a market cap of $240.24 million, a PE ratio of 11.72 and a beta of 0.72. WisdomTree European Opportunities Fund has a 12 month low of $37.15 and a 12 month high of $55.96.

Hedge Funds Weigh In On WisdomTree European Opportunities Fund

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

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.