Short Interest in WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Rises By 32.5%

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 23,291 shares, an increase of 32.5% from the March 31st total of 17,577 shares. Based on an average daily volume of 21,828 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the company’s stock are short sold.

WisdomTree European Opportunities Fund Trading Up 0.7%

NYSEARCA OPPE traded up $0.39 during mid-day trading on Friday, hitting $57.12. The company’s stock had a trading volume of 32,193 shares, compared to its average volume of 47,435. The company’s 50 day simple moving average is $54.77 and its 200 day simple moving average is $52.54. WisdomTree European Opportunities Fund has a twelve month low of $43.80 and a twelve month high of $57.64. The firm has a market capitalization of $291.31 million, a price-to-earnings ratio of 11.72 and a beta of 0.63.

Hedge Funds Weigh In On WisdomTree European Opportunities Fund

Large investors have recently bought and sold shares of the stock. Harbour Investments Inc. bought a new position in WisdomTree European Opportunities Fund during the 4th quarter valued at $34,000. Steward Partners Investment Advisory LLC bought a new position in WisdomTree European Opportunities Fund during the 4th quarter valued at $35,000. Comerica Bank bought a new position in WisdomTree European Opportunities Fund during the 4th quarter valued at $38,000. Kestra Advisory Services LLC bought a new position in WisdomTree European Opportunities Fund during the 4th quarter valued at $76,000. Finally, Blair William & Co. IL bought a new position in WisdomTree European Opportunities Fund during the 4th quarter valued at $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.