WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Stock Short Interest Climbs 245.0%

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 14,494 shares, an increase of 245.0% from the August 31st total of 4,201 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 113,586 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On WisdomTree Japan Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OPPJ. Integrated Wealth Concepts LLC purchased a new position in WisdomTree Japan Opportunities Fund during the 2nd quarter valued at approximately $36,000. SFG Wealth Management LLC. purchased a new stake in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter worth approximately $427,000. Avant Capital LLC bought a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter valued at approximately $802,000. Citadel Advisors LLC boosted its position in shares of WisdomTree Japan Opportunities Fund by 8.3% during the 2nd quarter. Citadel Advisors LLC now owns 37,302 shares of the company’s stock valued at $2,151,000 after acquiring an additional 2,859 shares during the last quarter. Finally, JNBA Financial Advisors purchased a new position in shares of WisdomTree Japan Opportunities Fund in the second quarter valued at $2,656,000.

WisdomTree Japan Opportunities Fund Trading Up 1.5%

OPPJ traded up $0.90 during trading on Friday, hitting $59.93. 27,197 shares of the company traded hands, compared to its average volume of 74,770. The company has a market cap of $341.60 million, a PE ratio of 11.40 and a beta of 0.26. The stock’s 50-day simple moving average is $58.39 and its two-hundred day simple moving average is $57.37. WisdomTree Japan Opportunities Fund has a 1 year low of $41.10 and a 1 year high of $61.45.

About WisdomTree Japan Opportunities Fund

WisdomTree Japan Hedged SmallCap Equity Fund is an exchange-traded fund sponsored by WisdomTree Asset Management and listed on the Nasdaq under the ticker OPPJ. The fund is designed to provide investors with targeted exposure to small-capitalization companies in Japan.

OPPJ seeks to track the investment results of the WisdomTree Japan Hedged SmallCap Equity Index, before fees and expenses. The index is intended to represent the performance of dividend-paying small-cap Japanese companies selected and weighted according to WisdomTree’s rules-based methodology.

The fund also seeks to reduce the impact of fluctuations between the Japanese yen and the U.S.