WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Significant Growth in Short Interest

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 126,052 shares, a growth of 142.6% from the May 14th total of 51,968 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 125,155 shares, the days-to-cover ratio is currently 1.0 days.

WisdomTree Europe Hedged Equity Fund Trading Down 0.2%

WisdomTree Europe Hedged Equity Fund stock traded down $0.11 during mid-day trading on Friday, hitting $57.54. 66,257 shares of the company’s stock were exchanged, compared to its average volume of 69,317. The stock has a market cap of $1.87 billion, a P/E ratio of 15.27 and a beta of 0.75. WisdomTree Europe Hedged Equity Fund has a 1-year low of $47.14 and a 1-year high of $57.71. The stock has a 50 day moving average of $55.34 and a two-hundred day moving average of $54.16.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

Several hedge funds have recently bought and sold shares of HEDJ. International Assets Investment Management LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the fourth quarter worth $46,000. Farther Finance Advisors LLC increased its position in WisdomTree Europe Hedged Equity Fund by 66.3% during the fourth quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after buying an additional 366 shares during the last quarter. Palisade Asset Management LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the third quarter worth $81,000. Glenmede Investment Management LP increased its position in WisdomTree Europe Hedged Equity Fund by 375.0% during the third quarter. Glenmede Investment Management LP now owns 1,900 shares of the company’s stock worth $96,000 after buying an additional 1,500 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in WisdomTree Europe Hedged Equity Fund during the third quarter worth $111,000.

About WisdomTree Europe Hedged Equity Fund

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.